Mr. David Gordey of Alcanna reports

ALCANNA INC. COMPLETES $27.6 MILLION SECONDARY BOUGHT DEAL OFFERING BY AURORA CANNABIS INC.

Alcanna Inc. and Aurora Cannabis Inc. have successfully closed Alcanna's secondary offering of 9.2 million common shares of the company held by an indirect, wholly owned subsidiary of Aurora, at a price of $3 per offered share by way of short-form prospectus for total gross proceeds to the selling shareholder of approximately $27.6-million. No common shares of the company were sold from treasury pursuant to the offering. The net proceeds from the offering were paid directly to the selling shareholder, and the company did not receive any proceeds from the offering.

The offering was made through a syndicate of underwriters on a bought deal basis led by Cormark Securities Inc., and including AltaCorp Capital Inc. and CIBC World Markets Inc. The underwriters were not granted an overallotment option in connection with the offering.

As a result of the closing of the offering, neither Aurora nor the selling shareholder beneficially own, control or exercise direction over any common shares. Aurora also surrendered for cancellation 1.75 million common share purchase warrants previously issued to the selling shareholder for no consideration. Upon their exercise at $15 per pro rata warrant, the pro rata warrants provided the selling shareholder with the ability to maintain its pro rata equity ownership in the company upon the conversion into common shares of any of the corporation's outstanding convertible unsecured subordinated 4.7-per-cent debentures due Jan. 31, 2022. Alcanna, Aurora and the selling shareholder also amended the investor rights agreement dated Feb. 14, 2018, between the parties to terminate certain provisions of such agreement that had expired or provided Aurora and such selling shareholder with certain rights that were intended to be based on the continued ownership of the offered shares.

This press release is issued by Aurora and the selling shareholder pursuant to the early warning requirements of National Instrument 62-103, which also requires a report to be filed containing additional information with respect to the foregoing matters. A copy of the early warning report will appear under Alcanna's profile on the SEDAR website.

About Alcanna Inc.

Alcanna is one of the largest private-sector retailers of alcohol in North America and the largest in Canada by number of stores -- operating 231 locations in Alberta and British Columbia.

About Aurora Cannabis Inc.

Aurora is a global leader in the cannabis industry serving both the medical and consumer markets.