12:22:38 EDT Sat 27 Apr 2024
Enter Symbol
or Name
USA
CA



Aurora Cannabis Inc (2)
Symbol ACB
Shares Issued 351,623,839
Close 2023-06-05 C$ 0.68
Market Cap C$ 239,104,211
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Aurora to launch new products this summer

2023-06-06 13:23 ET - News Release

Ms. Lana Culley reports

AURORA CELEBRATES SUMMER WITH NEW INNOVATION LAUNCHING ACROSS CANADA

Aurora Cannabis Inc. is launching a fresh lineup of innovative products, available to patients on Aurora medical and consumers, at retailers across the country this summer. The company's ever-expanding portfolio includes new one-milligram format, snackable edibles, premium resin vape carts with big, bold flavour and a true-to-form signature hash. New flower products include Chemango Kush, an original strain from Occo, Aurora's esteemed breeding program, as well as 14 g format extensions on popular strains, Moon Berry and Pink Diesel.

"We continue to evolve our portfolio with the consumer and patient top of mind, developing products that deliver on both current and future wants and needs," says Lana Culley, vice-president of product development at Aurora Cannabis. "With the introduction of innovations like our snackable, low-dose Lil' Bits and our XL premium resin vape pens, we're ensuring consumers and patients can find within Aurora's family of brands superior products as they progress on their cannabis journey. The success of our Canadian innovation is applicable in key markets internationally and is receiving very positive patient feedback."

In addition to leveraging Aurora's best-in-class genetics breeding and research program, the company has launched Aurora Lab, an exclusive experiential research and education program designed to strengthen two-way conversations with patients, retailers, budtenders and consumers. Through Aurora Lab, partners get behind-the-scenes access and sneak peeks at new products and formats, while invited patients get a chance to trial unreleased products in exchange for feedback. Insights gleaned from the program will be used to develop future products and inform Aurora's innovation pipeline.

New products launching this summer include:

Daily Special:

  • Lil' Bits Sour Grape & Sour Watermelon (10 by one mg edibles) -- These low-dose edibles deliver delicious flavour in a snackable size, perfect for new users or for microdosing. Featuring nostalgic, crowd-pleasing flavours with minimal to no cannabis aftertaste. Available in recreational channel only.
  • Mango XL Vape (510 -- 1.2 g) -- A truly XL vape experience, both in size and flavour, with nearly 1,000 mg of THC per cart. Mango XL uses a proprietary premium resin blend enhanced with botanical terpenes for a broad-spectrum, full-flavour experience. Combine that with a super-sized two-millimetre aperture for huge clouds.
  • Signature Hash (two g) -- A revolutionary bubble hash blend that sets a new standard for malleability and burnability. Say goodbye to harsh and brittle dry sift hash with the company's unmatched potency at an affordable price.

San Rafael '71:

  • Chemango Kush (3.5 g flower) -- A larger, fruitier, higher potency version of Pink Kush, bred from proprietary Occo genetics for the discerning strain-seeker. Chemango Kush delivers an incredible aroma of fruit, sour and chem, with 24 to 30 per cent THC. Very dense trichome coverage results in high-potency and 2 to 4 per cent terpenes. Hang-dried, hand-finished and hand-bottled for an excellent final product.
  • Mondo Grapes Live Resin Gummies (four by 2.5 mg) -- Made from premium-quality, strain-specific Mondo Grapes live resin extract from fresh-frozen flower. These gummies are a complement to the company's flavour-forward gummy portfolio delivering a delicious sweet grape flavour. Perfect for those looking for a strain-specific edible experience.
  • Tangerine Dream Cured Resin Vape (one g) -- Made from the company's famously flavourful Tangerine Dream flower, this vape delivers a citrusy-sativa profile perfect for any time of day. The company's hydrocarbon extraction process results in a broad spectrum, true to strain experience.

Greybeard:

  • BIOFUEL Cured Badder (one g) -- From the brand named "Concentrate and Extract Company of the Year" by Kind Magazine, BIOFUEL brings an aroma of gas, dough and sours, extracted using Greybeard's proprietary closed-loop hydrocarbon extraction process for a true-spectrum product without additives. This high-end concentrate delivers tremendous value and a versatile format that can be consumed many ways.

The summer product release is set to roll out to patients on Aurora Medical and in adult-use retailers starting in June. Select products are available in certain regions.

About Aurora Cannabis Inc.

Aurora is opening the world to cannabis, serving both the medical and consumer markets. Headquartered in Edmonton, Alta., Aurora is a pioneer in global cannabis, dedicated to helping people improve their lives. The company's adult-use brand portfolio includes Aurora Drift, San Rafael '71, Daily Special, Whistler, Being and Greybeard, as well as cannabidiol brands Reliva and KG7. Medical cannabis brands include MedReleaf, CanniMed, Aurora and Whistler Medical Marijuana Co., as well as international brands Pedanios, Bidiol and CraftPlant. Aurora also has a controlling interest in Bevo Farms Ltd., North America's leading supplier of propagated agricultural plants. Driven by science and innovation, and with a focus on high-quality cannabis products, Aurora's brands continue to break through as industry leaders in the medical, performance, wellness and adult recreational markets wherever they are launched.

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