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Aurora expands recreational cannabis portfolio with Thrive acquisition

Canadian firm Aurora Cannabis is expanding its recreational portfolio with the acquisition of Ontario-based premium cannabis producer Thrive for CAD38m ($29) in cash and Aurora shares.

Thrive makes craft-grown flower and concentrates for wellness and recreational purposes and has been owned by TerraFarma since 2019.

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Lorraine Mullaney

Senior writer
Lorraine is responsible for writing news analysis and assisting with copy-editing. Lorraine is a copywriter and editor who has written and edited words for a wide range of audiences, from local community newspapers to consumer magazines and trade websites.

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