Cannabis Firms Hit New 52-week Peaks on Merger News

CanniMed Therapeutics Inc. (T.CMED) hit a new 52-week high of $43.55 Wednesday. Aurora Cannabis and CanniMed Therapeutics have entered into a support agreement whereby the Board of Directors and the Special Committee of the CanniMed Board have agreed to support a new offer made by Aurora for the acquisition of all of the issued and outstanding shares of CanniMed not owned by Aurora. In addition to the Board and Special Committee, the new offer, as described below, will continue to be supported by certain CanniMed shareholders (the “Locked-up Shareholders”) representing 36% of CanniMed’s outstanding shares and by Brent Zettl, President and CEO of CanniMed.

Aurora Cannabis Inc. (T.ACB) hit a new 52-week high of $14.96 Wednesday. (See above)

Aptose Biosciences Inc. (T.APS) hit a new 52-week high of $4.79 Wednesday. No news announcements today

Perseus Mining Limited (T.PRU) hit a new 52-week high of 46 cents Wednesday. No news announcements today

CNOOC Limited (T.CNU) hit a new 52-week high of $199.50 Wednesday. No news announcements today

Sandstorm Gold Ltd. (T.SSL) hit a new 52-week high of $6.80 Wednesday. No news announcements today

Liquor Stores N.A. Ltd. (T.LIQ) hit a new 52-week high of $12.17 Wednesday. No news announcements today

Canfor Corporation (T.CFP) hit a new 52-week high of $28.60 Wednesday. No news announcements today

Constellation Software Inc. (T.CSU) hit a new 52-week high of $797.52 Wednesday. No news announcements today

New Flyer Industries Inc. (T.NFI) hit a new 52-week high of $58.35 Wednesday. No news announcements today