Curaleaf Holdings has pushed back after the Alberta Securities Commission (ASC) ruled on Aurora Cannabis' at-the-market (ATM) share program, saying the decision does not change the debate over its takeover bid. Chief executive officer Boris Jordan said Aurora shareholders still face unanswered questions, including why Aurora issued shares under the ATM below the original offer price after Curaleaf signalled a bid. Curaleaf says its enhanced offer of about $5.00 a share is an 86% premium to Aurora's unaffected average price of about $2.75. It says Aurora sold shares as low as $2.56 under the ATM, and that it remains excluded from customary diligence. Curaleaf says a combined company would operate in 17 countries, with more than $1.5 billion in last-twelve-month revenue and at least $40 million in expected annual cost synergies.

Curaleaf Holdings has issued a letter urging Aurora Cannabis shareholders to accept its takeover offer, which represents a 45% premium over Aurora's 30-day volume weighted average price. The acquisition would create a combined company operating across 17 countries with US$1.5 billion in last twelve-month revenue and nearly US$350 million of adjusted EBITDA. Curaleaf Chairman and CEO Boris Jordan framed the decision starkly, describing Aurora as "a shrinking business that is burning cash and getting less profitable by the day." The company expects at least US$40 million in annual cost synergies from the combination. Aurora has refused to engage with Curaleaf's proposal. Jordan announced a live shareholder Q&A session scheduled for 17 September to discuss the offer directly with Aurora investors.

Curaleaf Holdings has opened a new cannabis dispensary in downtown Boston at 21 Milk St., near Downtown Crossing. The location opened on 4 September, offering patients expanded retail space and a broader selection of products. The dispensary will stock Curaleaf's portfolio of cannabis brands, including Dark Heart, Select, FIND, Anthem and Grassroots. Knowledgeable staff will assist customers in selecting products suited to their needs. A grand opening celebration is scheduled for 8 September, featuring in-store promotions, a Meet the Grower event, and brand activations. The store operates from 09:00 to 20:00 Monday through Saturday, and 09:00 to 18:00 on Sunday. The opening follows the closure of Curaleaf's former Provincetown dispensary.