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Business

Aurora Cannabis reveals sneak peeks of plans for NextGen Cannabis products




NYSE | TSX: ACB

EDMONTON Oct. 16, 2019 / PRNewswire / – On the One Year of Consumer Legalization in Canada Aurora Cannabis Inc. ("Aurora") (NYSE | TSX: ACB), the Canadian company defining the future of cannabis worldwide , announced plans for rolling out vapes, concentrates and edible items when they are allowed for sale to consumers in December. The company has prioritized its resources to prepare for a successful initial launch that will support an ongoing refill strategy to ensure that consumers across Canada will have access to a diverse portfolio of high quality derivative products they wish to purchase .

You can see a collection of our commercial production of vapes, coins, chocolates and rubbers HERE. Photos are available on Aurora's Investor website HERE.

"Aurora's product development and insight team has done tremendous work to formulate new products in a variety of formats that we believe will exceed consumer expectations and drive growth in the category," said Aurora CEO Terry Booth . "Aurora has built industry-leading cannabis capacity and scalability backed by our consumer research and retail distribution power to launch this next generation of cannabis products into the Canadian market. We are ready to ship product as soon as regulations allow and are happy for consumers and patients to finally have access to a wider range of product types. We are already working to expand the range of new products beyond those to be launched first. "

To support the successful launch of vapes, concentrates and edible products, and to continue to ensure adequate supply to domestic and international markets, Aurora has established production hubs in Eastern and Western Canada at Aurora River ( Bradford, Ontario ), Aurora Vie ( Pointe Claire, Quebec ) and at Aurora Sky ( Leduc, Alberta ).

These centers are intended to provide centralized production, packaging, logistics and distribution capabilities. In total, they make up more than 450,000 square meters and are strategically placed to distribute Aurora's products to markets across the country. In addition, Aurora Air, a 20,000-square-foot manufacturing facility near Aurora Sky at Edmonton International Airport, will be home to several of the new edible production lines. Aurora's next-generation products are formulated to meet or exceed all regulatory requirements. All new cannabis product types are subject to a statutory Health Canada 60-day review period beginning October October 1[ads1]7, 2019.

New Product Categories [19659003] Vapes
Aurora's custom extraction process uses a proprietary method that retains a large amount and quality of terpenes and contains no fillers or diluents. Aurora brings a new range of high quality vaping products to the market at various price points that target all major consumer markets, including closed loop, 510 thread cartridges and disposable. Watch a video of Aurora's weapons production HERE .

Concentrates
From seed to extract, Aurora grows, extracts and produces its concentrates without fillers or diluents. The products are made entirely in-house, from 100 percent cannabis-derived rosin, using a proprietary process. The company intends to produce popular product forms such as crush, sugar wax and live rosin for consumer purchases in Canada .

Edibles
Aurora's new package of edible products – first intended to include gums, chocolates, baked goods and coins – has been created in consultation with food industry experts and food scientists to create cannabis-infused edible items of the highest quality. Cannabis extract is added throughout the product to provide texture, texture and good taste.

To ensure Canadian consumers receive the highest quality products, Aurora has selectively partnered with a number of organizations in some of the edible product categories it originally intended to focus on, including:

Gummies and Candies: TBA

Aurora has established important partnerships with two leading companies to develop CBD and THC infused rubber and candy. These technical partnerships have positioned Aurora to be a leader in the edible category in Canada and in other jurisdictions in the future as regulations permit.

Chocolate: JACEK Chocolate Couture

JACEK Chocolate Couture ("JACEK") is an award-winning Alberta -based luxury chocolate manufacturer and retailer committed to innovation, art and sustainability. JACEK is known for launching seasonal chocolate and confectionery collections, and spreads joy through fine, fashionable chocolate. Aurora has entered into an exclusive two-year global agreement to license JACEK's IP related to the manufacture and manufacture of cannabis-infused chocolates. Together, JACEK and Aurora intend to develop infused chocolate fields and advanced decadent caramel-filled chocolates.

Baked Goods: WG Pro-Manufacturing & Touché Bakery

WG Pro-Manufacturing ("WG") specializes in customized packaging and co-production of food, confectionery and other consumables. Touché Bakery ("Touché") is an experienced bakery manufacturer that works with WG to provide baking support for co-packaging and co-production. Aurora has entered into an exclusive partnership with WG and Touché, where Touché will manufacture cannabis-infused baked goods and WG will oversee packaging and co-production services in collaboration with Aurora's team at Aurora River, located in Bradford, Ontario . The first baked goods that were launched include a vegan brownie cookie with extra product formats that can be followed quickly.

Watch a video of Aurora's cannabis-infused mint production HERE.
Watch a video of Aurora's cannabis chocolate production HERE.
Watch a video of Aurora's cannabis-infused rubber production HERE.

Anniversary of Consumer Legalization [19659003] On the One Year of Consumer Legalization in Canada Aurora recognizes the hard work and advocacy of patients, champions and cannabis communities to the end of the ban. Since its inception, Aurora has embraced the experience, knowledge and insights of cannabis community experts, and has drawn on it in every area of ​​the business – including the development of edible items and things that can be consumed for the consumer market.

In April Owen Smith joined Aurora's corporate social responsibility team as a stakeholder engagement specialist for Western Canada . Owen, a longtime cannabis trailblazer and activist, was arrested in 2009 for making cannabis-infused vegetable oil products for medical patients, inspired by the sister who was in the last phase of cancer. Using community funding, he took the case to the Supreme Court in Canada which unanimously decided to restrict medical cannabis access to dried flowers violated patients' right to make choices about their health.

"Because of that ruling, thousands of patients – and now consumers – have the right to access cannabis products that come in a variety of formats other than dried flowers," said Jonathan Zaid Aurora's Director of Well-being and corporate social responsibility. "This is who we are at Aurora. We support and embrace people who push the status quo and help move the entire sector forward. We bring these worlds together to create products people are looking for in the regulated market."

[19659010] To stay up to date on regular updates and insights on operations in Aurora, visit Aurora Insider, our investment-focused blog

About Aurora

Headquarters in Edmonton, Alberta, Canada with a funded capacity of over 625,000 kg per year 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 in all key segments of the value chain, from plant engineering and design to cannabis breeding and genetics research, cannabis and hemp production, derivatives, high value product development, home cultivation, wholesale and retail distribution.

Aurora has established a unique advanced, consistent and efficient manufacturing strategy, very different from its peers, based on purpose-built facilities that integrate leading-edge technologies into all processes, defined by extensive automation and customization, resulting in massive scale production of consistent high quality product. Designed to be able to reproduce and scale globally, our manufacturing facilities are manufactured to produce cannabis on a substantial scale, with high quality, industry-leading returns and low per gram production costs. Each of Aurora's facilities is built to meet EU Good Manufacturing Standards (EU GMP). Certification has been granted to Aurora's first Mountain View County manufacturing facility, the MedReleaf Markham plant, and the wholly-owned European medical cannabis distributor Aurora Deutschland. All Aurora plants are designed and built to the EU GMP standard.

In addition to the company's rapid organic growth and strong execution of strategic M&A, which to date includes 17 wholly owned subsidiaries – MedReleaf, CanvasRX, Peloton Pharmaceutical, Aurora Deutschland, H2 Biopharma, BC Northern Lights, Larssen Greenhouses, CanniMed Therapeutics, Anandia , HotHouse Consulting, MED Colombia, Agropro, Borela, ICC Labs, Whistler, Chemi Pharmaceutical, and Hempco – Aurora stands out for its reputation as a chosen partner and employer in the global cannabis sector, after investing in and establishing strategic partnerships with a number of leading innovators, including: Radient Technologies Inc. (TSXV: RTI), Cann Group Ltd. (ASX: CAN), Micron Waste Technologies Inc. (CSE: MWM), Choom Holdings Inc. (CSE: CHOO), CTT Pharmaceuticals (OTCC: CTTH), Alcanna Inc. (TSX: CLIQ), High Tide Inc. (CSE) : HITI), EnWave Corporation (TSXV: ENW), Capcium Inc. (private), Evio Be auty Group (private) and Wagner Dimas (private).

Aurora Common Shares trades on the TSX and NYSE under the symbol "ACB", and is a component of the S & P / TSX Composite Index.

For more information on Aurora, please visit our investor site, investor.auroramj.com

Terry Booth CEO
Aurora Cannabis Inc.

Forward Looking Statements

news releases include statements containing certain "forward-looking information" within the meaning of applicable securities law ("forward-looking statements"). Forward-looking statements are often marked by words such as "plan", "continue", "expect", "project", "intend", "believe", "anticipate", "estimate", "can", "will", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur, and include, but are not limited to, the successful production and launch of the Company's next generation products that are listed in this news release and the related timeframe for such products available on the market in Canada . These statements are just predictions. Various assumptions were used to draw conclusions or make projections in the forward-looking statements through this news release. Forward-looking statements are based on management's opinions and estimates at the date the statements are made, and are subject to a number of risks and uncertainties and other factors that may cause actual events or results to differ materially from those projected in the future. -so statements. The Company is under no obligation and explicitly disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, unless expressly required by applicable law.

TSX, NYSE or their relevant regulatory service providers (as defined in the Toronto Stock Exchange and New York Stock Exchange Policies) assume responsibility for the adequacy or accuracy of this release.

SOURCE Aurora Cannabis Inc. [19659043] Related links

https://auroramj.com/



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