AURORA CANNABIS INC. URGES SHAREHOLDERS TO TAKE NO ACTION AT THIS TIME IN RESPECT TO THE UNSOLICITED TAKE-OVER BID BY CURALEAF HOLDINGS, INC.

Aurora Cannabis confirmed it received an unsolicited takeover bid from Curaleaf Holdings, offering 0.3463 Curaleaf subordinate voting shares plus US$0.75 in cash per share, implying a value of US$4.00 per share. The Board formed a special committee to review the offer and urged shareholders to take no action, criticizing the bid as an attempt to pressure shareholders and noting the US$5.00 per share consideration cap is below recent trading prices.

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