18:57:42 EDT Thu 25 Apr 2024
Enter Symbol
or Name
USA
CA



Aurora Cannabis Inc
Symbol ACB
Shares Issued 1,014,099,913
Close 2019-05-09 C$ 11.25
Market Cap C$ 11,408,624,021
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Aurora Cannabis to supply more pot to Luxembourg Health

2019-05-09 10:28 ET - News Release

Mr. Neil Belot reports

AURORA CANNABIS EXTENDS EXCLUSIVE SUPPLY RELATIONSHIP WITH LUXEMBOURG

Aurora Cannabis Inc. has been selected by the Luxembourg Health Ministry as the exclusive supplier in a public bid to supply a second delivery of medical cannabis to Luxembourg.

Under the terms of the bid, the medical cannabis produced will be sold to Luxembourg's Division de la Pharmacie et des Medicaments, representing the second time the company has received an order directly from the Luxembourg government. While the initial bid quantities are small, the award confirms Aurora's position as a trusted and preferred supplier to international jurisdictions and reflects the company's ability to work with local governments and regulators in complex, restricted markets.

"We are proud to continue serving as the exclusive supplier of medical cannabis to the Luxembourg Health Ministry," commented Neil Belot, chief global business development officer. "Adding to the many achievements of our European team, which also includes our recent selection as one of only three companies to establish domestic production in Germany, our expanded supply agreement with Luxembourg reinforces Aurora's ability to act as a trusted partner that can readily meet the complex needs of diverse international markets."

Maximilian Weinberg, associate director of Aurora's European Union business development, commented: "As the established market leader across Europe, Aurora is exceptionally well positioned to leverage our significant early-mover advantage to accommodate the growth of new medical cannabis markets as opportunities arise. We're proud of our team's achievements to date and look forward to supplying patients in Luxembourg with improved access to high-quality medical cannabis."

About Aurora Cannabis Inc.

Headquartered in Edmonton, Alta., Canada, with financed capacity in excess of 625,000 kilograms per year as well as sales and operations in 24 countries across five continents, Aurora is one of the world's largest and leading cannabis companies.

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