Mr. Terry Booth reports

AURORA CANNABIS SIGNS SUPPLY AGREEMENT WITH ASCENT INDUSTRIES

Aurora Cannabis Inc. has signed a cannabis flower and trim supply agreement with Ascent Industries Corp.'s wholly owned subsidiary, Agrima Botanicals Corp., a licensed producer of medical cannabis pursuant to Health Canada's Access to Cannabis for Medical Purposes Regulations (ACMPR).

Under the terms of the agreement, Agrima will supply Aurora with up to 20,000 kilograms of dried cannabis flower and up to 6,000 kg of cannabis trim per year from its Canadian cultivation facilities. The agreement is effective for a term of five years, subject to a 12,000 kg per year minimum.

"The agreement with Ascent brings further differentiation to Aurora's growing portfolio of products," said Terry Booth, chief executive officer. "Expanding product choice to our various audiences through quality operators such as Agrima positions us well to accelerate growth. Furthermore, the relationship provides an opportunity to potentially source additional, higher-margin derivative products down the line."

Philip Campbell, CEO and director of Ascent, added: "We are delighted to be selected as a supplier to Aurora, a leader in the global cannabis sector. Agrima is committed to providing high-quality cannabis to both consumers and strategic partners, which this new agreement is testament to. We believe this represents the beginning of a strong strategic relationship with Aurora, one which will benefit both companies for years to come."

Ascent's wholly owned subsidiary, Agrima, will supply Aurora with dried cannabis flower and trim grown at its facilities in Pitt Meadows, B.C. Once operational, the 600,000-square-foot, automated cultivation facility will have a total cultivation capacity of approximately 60,000 kg of cut flower per year. Agrima anticipates receiving Health Canada approval toward the end of calendar 2018 and anticipates shipping its first products in Q1 2019.

About Aurora Cannabis Inc.

Aurora's wholly owned subsidiary, Aurora Enterprises Inc., is a licensed producer of medical cannabis pursuant to Health Canada's Access to Cannabis for Medical Purposes Regulations (ACMPR). The company operates a 55,200-square-foot, state-of-the-art production facility in Mountain View county, Alberta, known as Aurora Mountain, and a second 40,000-square-foot high-technology production facility known as Aurora Vie in Pointe-Claire, Que., on Montreal's West Island. In January, 2018, Aurora's 800,000-square-foot flagship cultivation facility, Aurora Sky, located at the Edmonton International Airport, was licensed. Once at full capacity, Aurora Sky is expected to produce over 100,000 kilograms per annum of cannabis.

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