Sign In   Register

Cannabis and Hemp Industry Investment News

Cannabis Industry Press Releases and News Articles from the best investment journalist in the industry. Stay updated on all cannabis investment news from every online source, on

Langley plant propagation facility signs deal with major Cannabis Provider in Canada

1 minute reading time (119 words)

Bevo Farms’ parent company was acquired by Aurora Cannabis for more than $45 million.

Bevo Agtech, which owns and operates 63 acres of greenhouses on more than 160 acres of land across the Lower Mainland, has recently sold a controlling interest of their company to Aurora Cannabis.

This Canadian cannabis company has operations in 25 countries around the world and has now grown their presence in Western Canada even further by purchasing 50.1 per cent of Bevo.

Currently, Bevo has limited its propogation of agricultural plants to Langley, Aldergrove, and Pitt Meadows. However, as part of this new deal, Bevo will now gain control of the Aurora Sky facility in Edmonton, Alta.

(Originally posted by Cannabis News)


© 420 Intel

Related Posts