11:32 AM EDT, 10/17/2019 (MT Newswires) -- Aurora Cannabis (ACB.TO) rallied near 4.0% to $4.94 apiece Thursday in Toronto trade after saying that it is set to roll out its product line-up of vapes, concentrates, and edibles when they have the permit for sale to consumers in December.
The company added it has arranged an initial launch to support an "ongoing replenishment strategy" focused on a diverse portfolio of derivative products.
CEO Terry Booth in a statement said: "We are ready to ship product as soon as the regulations allow and are excited for consumers and patients to finally have access to a greater selection of product forms. We are already working on expanding the range of new products beyond those that will initially launch."
To support the successful launch of vapes, concentrates, and edibles products, and to continue to ensure sufficient supply for domestic and international markets, Aurora has established production hubs in Eastern and Western Canada at Aurora River (Bradford, Ontario), Aurora Vie (Pointe Claire, Quebec) and at Aurora Sky (Leduc, Alberta).