Aurora Cannabis Acquires Greenhouse Design Firm Larssen

Aurora Cannabis (TSX:ACB; OTCQX:ACBFF) announced they signed a definitive agreement for the acquisition of Larssen.
As quoted in the press release:

The terms of the transaction are undisclosed, but include performance-based milestone payments, such as those related to profitability metrics, as well as certain Aurora standards.
Larssen, a Canadian company that has set the industry standard in high-tech, automated, environmentally controlled greenhouses for over 30 years, has consulted on the design, engineering, and construction oversight of many of the world’s most advanced greenhouse cultivation facilities. Best known for the successful implementation of cutting-edge automation features, proprietary design characteristics that generate exceptional yields, and the use of advanced energy efficient materials and technologies, Larssen has been involved with over 1,000 projects around the globe.

Click here to read the full press release.

Source: www.newswire.ca