 Hi guys, this is Rich from Rich TV Live. We've got some big news here that was I'm so busy today I totally missed this Aurora bolsters and Nandias testing capabilities through acquisition of chemie pharmaceutical Supporting the growth and expansion of a Nandias independent cannabis testing capabilities Aurora cannabis on the New York Stock Exchange ACB in Canada ACB on the New York Stock Exchange 2-1P in Frankfurt Germany WKNA1C4WM announced today that the company assigned a binding share purchase agreement Where by Aurora has acquired all of the issue note standing common shares of privately held chemie Pharmaceutical Inc. On Ontario based laboratory specialized providing high quality analytics or analytics services to the pharmaceutical and cannabis industries in a cash and share transaction Comprised them an undisclosed cash payment and share consideration of 83,299 shares paid on closing and 41,649 payable upon achievement of certain chemie milestones More dilution for Aurora, but this could be another amazing acquisition that once again They're using their stock to acquire the growth strategic rationale chemie has a health Canada drug Establishment license enabling them to perform certified GMP compliant quality control analytical testing in addition chemie chemie has received US FDA accreditation for their facility Which is the gold standard for global pharmaceutical testing Acquiring chemie with their drug establishment license provides a critical prerequisite for applying for a cannabis drug license Which is required for the development of cannabis therapies within the global medical cannabis market This is huge for our cannabis. I like this move Strategically located adjacent to Pearson Airport in Mississauga, Ontario Can we provide specialized cannabis testing across a broad set of parameters? Including cannabinoid and terpene content chemie will be integrated Into the company's wholly owned subsidiary any net and India Laboratories expanding and India's leading analytical capabilities to meet client demand and Diversifying its specialized testing services for both the medical and the upcoming edible and derivative markets This is so big following the acquisition of an India in August 2018 Aurora integrated and India's plant science operations into the company's broader science team Enabling an idea to maintain independence as an analytical service provider With its operations run at arm's length to ensure client Confidentiality as the Canadian cannabis industry matures the cultivation and process Processing operations of licensed producers including Aurora have developed rapidly to meet the growing demand From medical patients and consumers alike Expanding and Nandia's analytical testing footprint will enable it to service a broader base of domestic and international clients while ensuring continued timeless and Timelines and quality of its testing services for existing clients This is so big and Russia's just One move after another the only issue I have with Aurora is they always use their stock to acquire their growth However, there has been a little bit of a cash Consideration for this they just don't mention it the acquisition of chemi will enable an idea to extend our best in-class testing Services to a broader group of licensed producers and scale alongside our current client base We're providing the scientific capabilities to establish an early mover advantage in the upcoming cannabis edibles Testing market said John Coleman president of an India We look forward to integrating the chemi team into our operations and working together to deliver the greatest scientific integrity To our clients Mariana Stav Rikov general manager of chemi added chemi has been servicing the pharmaceutical natural health product cosmetic and Veterinary industries for at least 20 years as a trusted partner to a number of licensed producers We're thrilled to join the Nandia team and expand our infrastructure and support to accommodate The incredible opportunity ahead in the cannabis industry Terms of the transaction Aurora has purchased 100% of the issued and outstanding shares of chemi for a combination of cash and Common shares of Aurora. I just want to read this first section here Headquartered in Edmonton, Alberta, Canada with a funded capacity in excess of 625,000 kgs per annum which actually makes them bigger than canopy growth and sales and operations in 24 countries across five continents Aurora is one of the world's largest and leading cannabis companies Aurora is vertically integrated and horizontally diversified across every key segment of the value chain from facility engineering and Design to cannabis breeding and genetics research cannabis and hemp production Derivatives high-value ad product development home cultivation wholesale and retail Distribution, so this is the news. I think this is great news once again Aurora bolsters and Nandia's testing capabilities to acquisition of chemi pharmaceutical This is your boy rich from rich TV live remember I'm not licensed do your due diligence do your research before you invest in anything that we talk about here rich TV live If you haven't smashed that like button smash the like button comment down below share that video everywhere If I win and you win we all win I want to thank you guys over 20,125 subscribers now and we just keep getting bigger. I love you guys join our telegram We are talking stocks 24 hours a day seven days a week. We also have J. Lewis trading. We have our own trading Community we have our own trading Academy now. We're also working with Webull. 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