shares were rising more than 1% in premarket trading Tuesday after the cannabis company announced it entered into a binding agreement to acquire the 48% stake of hemp product manufacturer Hempco that it doesn't already own. Aurora will pay C$1.04 per Hempco share payable in Aurora shares at a deemed value of C$12.01 per Aurora share. "This transaction will enable us to fully integrate Hempco and its new Nisku processing facility into Aurora's global hemp operations including Agropro, Borela and ICC," said Terry Booth, CEO of Aurora.