Mr. Terry Booth reports

AURORA CANNABIS ANNOUNCES UPSIZING OF CREDIT FACILITY TO APPROXIMATELY C$360 MILLION (US$280 MILLION)

Aurora Cannabis Inc. has secured commitments from an expanded syndicate of lenders led by Bank of Montreal to amend and upsize its existing $200-million secured credit facility.

The amended secured credit facility will consist of an additional $160-million allocated between both term loans and a revolving credit facility, both of which will mature in August, 2021. Closing of the credit facility is subject to completion of definitive documentation and satisfaction of conditions precedent customary for a financing of this nature. The credit facility will have a first ranking general security interest in the assets of Aurora. The loans can be repaid without penalty at Aurora's discretion.

"The upsizing of our credit facility to approximately $360-million and the broadening of the lending syndicate to include additional Schedule 1 Canadian banks is further recognition that our best-in-class production facilities lead the industry," said Glen Ibbott, chief financial officer of Aurora. "Access to this non-dilutive capital is a core funding source the company intends to utilize as it further executes on its strategic growth initiatives. In addition to cash being generated from operations, the company also has access to other unsecured debt alternatives, a number of equity investments, and has access to a $514-million ($400-million (U.S.)) at-the-market equity program."

About Aurora Cannabis Inc.

Headquartered in Edmonton, Alta., Canada, with financed capacity in excess of 625,000 kg per annum and sales and operations in 25 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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