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Aurora asks securities regulator to address Curaleaf hostile-bid deficiencies

Aurora Cannabis asked the Alberta Securities Commission to require Curaleaf to correct alleged disclosure and timing deficiencies in its hostile takeover bid, including missing pro forma financials and a shortened deposit period. The dispute is material to U.S. cannabis capital markets because Curaleaf is a major multi-state operator and the proposed combination would reshape a large public-company platform.

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