Mr. Alex Miller reports
AURORA CANNABIS ANNOUNCES THE COMPLETION OF A MULTIMILLION DOLLAR INVESTMENT AND RENAMING OF B.C. MANUFACTURING FACILITY
Aurora Cannabis Inc. has completed a multiyear investment of $3-million in improvements to its manufacturing facility in Pemberton, B.C. These upgrades are a combination of Aurora's proprietary high-performing genetics and state-of-the-art engineering design, which have resulted in optimal cultivation conditions, expanded output and superior product quality. The site has been renamed to Aurora Alpine -- a testament to the site reaching its highest potential and to reflect the facility overlooking Mount Currie in the Pemberton Valley.
"Over the last three years, the investments we've made into this facility have resulted in doubling the yield and potency, reaching a record 33.7 per cent," said Alex Miller, executive vice-president of operations and supply chain at Aurora. "The name Aurora Alpine reflects our commitment to achieving the highest degree of excellence at a site that's driven by industry-leading genetic technology and backed by a world-class team that make it all possible."
The former Whistler Medical Marijuana Company site was licensed in 2019 and was built on a legacy of producing award-winning cannabis. The GACP-certified (good agricultural and collection practice) facility enables Aurora to expand its global reach by exporting premium medical cannabis produced from the Aurora Alpine site internationally.
Aurora continues to advance the frontiers of operational excellence through the integration of cutting-edge cultivation technologies and proprietary genetics. These advancements have not only increased manufacturing capabilities but have also set new industry standards for operational efficiency and cultivation precision. These continuous improvements are what solidifies Aurora as a global leader that continues to shape the future of the cannabis industry.
About Aurora Cannabis Inc.
Aurora is opening the world to cannabis, serving both the medical and consumer markets across Canada, Europe, Australia and New Zealand. 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 Drift, San Rafael '71, Daily Special, Tasty's, Being and Greybeard. Medical cannabis brands include MedReleaf, CanniMed, Aurora and Whistler Medical Marijuana Co., as well as international brands Pedanios, IndiMed 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, wellness and adult recreational markets wherever they are launched.
Aurora's common shares trade on the Nasdaq Stock Market and the Toronto Stock Exchange under the symbol ACB.
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