Aurora Cannabis buys Safari Flower Co. for $26.5M in UK expansion
Aurora Cannabis acquires Safari Flower Co. for $26.5 million, signaling continued consolidation in the UK medical cannabis market.
FILE — dealmaking · Perzon SEO / CC BY 2.0Aurora Cannabis has acquired Safari Flower Co. for $26.5 million, according to CBC. The deal represents a direct entry or deepening of Aurora's presence in the UK medical cannabis sector, where the market has shown signs of growth.
The acquisition arrives as the UK medical cannabis market shows expansion momentum. Related coverage indicates the UK market is projected to exceed 140,000 patients by 2026, and other operators including Curaleaf Laboratories and SOMAÍ have recently launched or expanded UK operations. The acquisition also reflects broader industry consolidation in Europe, following similar moves by Seed Junky Genetics earlier this year.
Watch whether Aurora announces specific product lines or manufacturing capacity tied to the Safari Flower acquisition, which could signal how the company plans to compete in the medically focused UK market versus imported or partnership-based supply models.
Original report: CBC ↗