Mr. Terry Booth reports

AURORA CANNABIS APPOINTS NELSON PELTZ AS STRATEGIC ADVISOR

Aurora Cannabis Inc. has appointed Nelson Peltz as a strategic adviser. Mr. Peltz and Aurora will work collaboratively and strategically to explore potential partnerships that would be the optimal strategic fit for successful entry into each of Aurora's contemplated market segments. Mr. Peltz will also advise on the company's global expansion strategy.

Management commentary

"Nelson is a globally recognized business visionary with a strong track record of constructive engagement to generate accelerated, profitable growth and shareholder value across many industry verticals that are of great interest to us," said Terry Booth, chief executive officer. "Like us, Nelson also takes a long-term view of value creation to benefit all stakeholders. We look forward to working with Nelson to further extend our global cannabis industry leadership by aligning Aurora with each of the major market segments cannabis is set to impact."

Mr. Peltz added: "I believe Aurora has a solid execution track record, is strongly differentiated from its peers, has achieved integration throughout the value chain and is poised to go to the next level across a range of industry verticals. I also believe that Canadian licensed producers, and Aurora in particular, are well positioned to lead in the development of the international cannabis industry as regulations evolve, with a strong, globally replicable operating model. I look forward to working with Terry and the extended Aurora team to evaluate its many operational and strategic opportunities, including potential engagement with mature players in consumer and other market segments."

Nelson Peltz

Mr. Peltz is the chief executive officer and a founding partner of Trian Fund Management LP, a multibillion-dollar investment management firm. Mr. Peltz also currently serves as the non-executive chairman of The Wendy's Company and as a director of The Procter & Gamble Company, Sysco Corp. and The Madison Square Garden Company. He was previously a director of H. J. Heinz Company, Legg Mason Inc., Ingersoll-Rand PLC and Mondelez International Inc., among other companies. Mr. Peltz formerly served as chairman and chief executive officer of Triarc Companies Inc. which during his tenure owned Arby's Restaurant Group Inc. and the Snapple Beverage Group, as well as other consumer and industrial businesses. Mr. Peltz was also chairman and chief executive officer of Triangle Industries Inc., the largest packaging company in the world and a Fortune 100 industrial company, when that company was acquired by Pechiney SA, a leading international metals and packaging company. Mr. Peltz began his business career by joining his family's food distribution business. Mr. Peltz's advisory services to Aurora will be provided through 280 Park ACI Holdings LLC.

Option grant

In consideration for the services to be provided by the senior adviser, the company has granted options to the senior adviser to purchase 19,961,754 common shares in the company at a price $10.34 per share. The options will vest ratably over a four-year period on a quarterly basis, subject to accelerated vesting based on the occurrence of certain specified events, which include the consummation of certain defined transactions, and the closing price of Aurora's common shares being at least $31.02 and additionally $41.36 for a specified number of trading days. The senior adviser may exercise any portion of the option that has vested on or prior to the seventh anniversary of the date of grant.

The company has granted the senior adviser registration rights relating to the common shares to be acquired through the exercise of the options.

About Aurora Cannabis Inc.

Headquartered in Edmonton, Alta., Canada, with financed capacity in excess of 500,000 kilograms per annum and sales and operations in 24 countries across five continents, Aurora is one of the world's largest and leading cannabis companies. Aurora is vertically integrated and horizontally diversified across every key segment of the value chain, from facility engineering and design to cannabis breeding and genetics research, cannabis and hemp production, derivatives, high value-add product development, home cultivation, wholesale and retail distribution.

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