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Aurora Cannabis Inc
Symbol ACB
Shares Issued 1,014,099,913
Close 2019-05-17 C$ 11.71
Market Cap C$ 11,875,109,981
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Aurora Cannabis, UFC form CBD partnership

2019-05-21 10:45 ET - News Release

Mr. Terry Booth reports

AURORA CANNABIS AND UFC JOIN FORCES TO ADVANCE CBD RESEARCH, EDUCATION, AND PRODUCT DEVELOPMENT

Aurora Cannabis Inc. and UFC, the world's premier mixed martial arts organization, have formed an exclusive, multiyear, multimillion-dollar, global partnership that is expected to significantly advance further clinical research on the relationship between 100-per-cent-hemp-derived cannabidiol (CBD) products and athlete wellness and recovery, with a view to accelerating CBD product development and education.

UFC boasts more than 300 million fans around the world, with programming that is broadcast to over 170 countries and territories, in 40 different languages, to over one billion TV households. The UFC Performance Institute, the world's first mixed martial arts multidisciplinary research, innovation and training centre, opened in Las Vegas in 2017, has served more than 400 athletes over the past two years. The facility is a global leader in athletic performance research and provides support and educational services to athletes on health, well-being, nutrition and injury prevention.

The research will be conducted at the UFC Performance Institute in Las Vegas, Nev., in collaboration with UFC's sports performance team as well as with athletes who choose to participate in the studies. Clinical studies will focus on pain management, inflammation, injury/exercise recovery and mental well-being. Aurora's research will be led by Dr. Jason Dyck, professor at the University of Alberta and a Canada research chair in molecular medicine. He also serves as an independent director on the board of Aurora Cannabis, where he provides valuable oversight for the company's scientific efforts.

"Since the day we opened the Performance Institute, our primary goal was to offer UFC athletes the best-possible training, nutrition and recovery services," said UFC president Dana White. "This partnership with Aurora is an extension of that goal, and we're looking forward to collaborating with Aurora to find new ways to improve the health and safety of athletes who compete in UFC."

Terry Booth, chief executive officer of Aurora, added: "This global partnership places focus squarely on the health and well-being of UFC's talented and highly trained athletes. The Aurora-UFC research partnership creates a global platform to launch targeted educational and awareness campaigns while creating numerous opportunities to accelerate our global CBD business."

About Aurora Cannabis Inc.

Headquartered in Edmonton, Alta., Canada, with financed capacity in excess of 625,000 kilograms per year 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, and wholesale and retail distribution.

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