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Stocks in play: Hempco Food and Fiber Inc

Baystreet.ca

Announced the completion of the previously announced plan of arrangement with Aurora Cannabis Inc. pursuant to which Aurora has acquired all of the issued and outstanding common shares of Hempco, not already owned by Aurora, reflecting a valuation of approximately $63.4 million on a fully diluted basis. Hempco is now a wholly-owned subsidiary of Aurora. The Hempco Shares will be delisted from the TSX Venture Exchange, and Aurora will apply to the relevant securities commissions for Hempco to cease to be a reporting issuer under Canadian securities laws. Hempco Food and Fiber Inc shares V.HEMP are trading down $0.01 at $0.66.