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Aurora Cannabis Inc. buys Safari Flower Co. in $26.5M deal

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EDMONTON - Aurora Cannabis Inc. has bought Safari Flower Co. in a stock-and-cash deal valued at $26.5 million.

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EDMONTON – Aurora Cannabis Inc. has bought Safari Flower Co. in a stock-and-cash deal valued at $26.5 million.

The acquisition includes a $2-million cash payment that is contingent on satisfaction of certain conditions.

Aurora says Safari Flower has an EU GMP certified indoor cultivation and manufacturing facility in Ontario.

Cannabis seedlings at the new Aurora Cannabis facility Friday, Nov. 24, 2017 in Montreal. THE CANADIAN PRESS/Ryan Remiorz
Cannabis seedlings at the new Aurora Cannabis facility Friday, Nov. 24, 2017 in Montreal. THE CANADIAN PRESS/Ryan Remiorz

It says the deal that will increase its capacity to supply key international markets, including Germany, Australia, Poland, and the United Kingdom, and support further market expansion.

Aurora executive chair and chief executive Miguel Martin says the acquisition of Safari Flower marks an important milestone as the company looks to grow its international medical cannabis business.

Martin says an enhanced supply chain will enable it to capture greater international market share while delivering superior quality and value to patients.

This report by The Canadian Press was first published April 15, 2026.

Companies in this story: (TSX:ACB)

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