CanniMed Therapeutics Inc. (CMED)

[jp68]

In the states this is considered a frivolous lawsuit and is without merit. It is meant to cause fear in the hopes the party being sued stops what they are doing even if it is LEGAL.

Direct excerpts from the ruling:

“Furthermore, CanniMed's application to determine that Aurora and the Locked-Up Shareholders had acted jointly or in concert, and to deem the Offer an insider bid, were also both rejected.”

"Aurora has secured key legal victories that take us a big step forward towards acquiring CanniMed, and integrating its team and operations into our organization to further build the preeminent global cannabis company," said Terry Booth, CEO.