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Aurora delivers its largest ever medical cannabis shipment to Israel

Stockhouse Editorial
6 Comments| January 5, 2022

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Click to enlargeEdmonton AB-based Aurora Cannabis (ACB) (TSX.ACB) has announced the delivery of a cannabis shipment worth approximately CDN$10 million – the company's largest ever shipment to Israel, and what is believed to be the largest export of medical Cannabis into the Israeli market. Delivered in December, the shipment will be recognized as revenue in Aurora's FY22 Q2 period.

Miguel Martin, CEO of Aurora, commented:

"It's an exciting time for the global cannabis industry, as we're seeing growing acceptance and thoughtful regulation of both medical and adult-use cannabis across Europe and in key markets like Israel. With strong local relationships, as well as support from our patients and consumers, we look forward to continuing to expand our international business to complement our total cannabis portfolio."

Full story here.

New to investing in Cannabis? Check out Stockhouse tips on How to Invest in Cannabis Stocks and some of our Top Cannabis Stocks.

For more of the latest info on Cannabis, check out the Cannabis Trending News hub. Or, for lively sector discussion, visit Stockhouse’s new Cannabis Bullboards page.


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