Aurora Cannabis makes strategic investment into the world’s largest producers of hemp products

This marks a significant step in the Canadian medical cannabis industry by showcasing the diversification into hemp-based edibles of Aurora as a producer of medical cannabis under the Access to Cannabis for Medical Purposes Regulations (ACMPR). Whereas hemp products do not contain the psychoactive THC in medicinal amounts, pundits of the medical cannabis industry predict that edibles will become a significant medical cannabis subsector in Canada.

Aurora’s wholly-owned subsidiary, Aurora Cannabis Enterprises Inc., is a licensed producer of medical cannabis pursuant to Health Canada’s ACMPR. The Company operates a 55,200-square foot, state-of-the-art production facility in Mountain View County, Alberta, and is currently constructing a second 800,000 square foot production facility, known as “Aurora Sky”, at the Edmonton International Airport, and has acquired, and is undertaking completion of, a third 40,000 square foot production facility in Pointe-Claire, Quebec, on Montreal’s West Island. Aurora also recently acquired Pedanios GmbH, a leading wholesale importer,

... read more at: https://investorintel.com/sectors/agribusiness-mmj/agbusiness-mmj-intel/aurora-cannabis-makes-strategic-investment-worlds-largest-producers-industrial-hemp-products/

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