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Aurora Cannabis Inc T.ACB

Alternate Symbol(s):  T.ACB.WS.U | ACB

Aurora Cannabis Inc. is a Canada-based medical cannabis company. The Company's principal business lines are focused on the production, distribution, and sale of cannabis related products in Canada and internationally. The Company’s segments include Canadian Cannabis, European Cannabis and Plant Propagation. The Company's adult-use brand portfolio includes Aurora Drift, San Rafael '71, Daily Special, Whistler, Being and Greybeard, as well as CBD brands, Reliva and KG7. Its medical cannabis brands include MedReleaf, CanniMed, Aurora and Whistler Medical Marijuana Co, as well as international brands, Pedanios, Bidiol and CraftPlant. Its cannabis products are primarily cultivated and manufactured in the facilities in Edmonton, Alberta; Bradford Ontario; Pemberton, British Columbia, and Odense, Denmark. The Company is focused on offering its cannabis products to global medical cannabis market, recreational cannabis market and global hemp-derived cannabidiol (CBD) markets.


TSX:ACB - Post by User

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Post by madmax240kphon Dec 07, 2018 2:17pm
109 Views
Post# 29083790

Mexico $$$

Mexico $$$Dec 7 (Reuters) - Canada's Aurora Cannabis Inc said on Friday it has partnered with privately held pharmaceutical manufacturer and distributer Farmacias Magistrales SA to supply medical cannabis to Mexico. "This new exclusive partnership further expands Aurora's early mover advantage in Latin America," Chief Executive Officer Terry Booth said in a statement. Farmacias has a reach of about 80,000 retail points and 500 pharmacies and hospitals across Mexico, the company said. The announcement comes a month after Mexico's Congress website showed its plans to submit a bill to create a medical marijuana industry and allow recreational use in what would be a big step by the incoming government to shake up the country's drug war. If the bill passes, Mexico would join Canada, Uruguay and a host of U.S. states that permit recreational use of the drug and allow its commercialization. Mexico would be one of the most populous countries to roll back prohibition. Earlier in the day, Marlboro cigarette maker Altria Group Inc announced a $1.8 billion investment in Canadian cannabis producer Cronos Group Inc. Aurora's shares surged 9.2 percent to C$7.70 on the Toronto Stock Exchange. (Reporting by Debroop Roy in Bengaluru; Editing by Shailesh Kuber)
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