Full Press Release Details
Aurora Cannabis Announces 2018 AGM Voting
All Items of Business
EDMONTON, Dec. 4, 2018 /CNW/ - Aurora
Cannabis Inc. (the "Company" or "Aurora" or the "Issuer") (NYSE: ACB) (TSX: ACB) (Frankfurt: 21P;
WKN: A1C4WM) today announced the voting results from its Annual General and Special Meeting of Shareholders (the "Meeting"),
held in Edmonton, Alberta, on November 30, 2018. The total number of shares represented by shareholders present in person and by
proxy at the meeting was 384.4 million representing 39.9% of Aurora's issued and outstanding Common Shares.
All of the matters put forward before shareholders
for consideration and approval as set out in the Company's Management Information Circular dated October 16, 2018, were approved
by the requisite majority of votes cast at the Meeting. The details of the voting results for the election of directors are set
| Nominee | # Votes for | % Votes for |
| Terry Booth | 126,784,380 | 83.79% |
| Steve Dobler | 108,463,649 | 71.68% |
| Jason Dyck | 123,845,475 | 81.84% |
| Adam Szweras | 146,398,326 | 96.75% |
| Michael Singer | 119,259,971 | 78.81% |
| Diane Jang | 144,986,982 | 95.81% |
| Norma Beauchamp | 144,867,860 | 95.74% |
| Ronald Funk | 145,803,917 | 96.35% |
The shareholders also approved the: (i) appointment
of KPMG LLP as auditors of the Company for the ensuing year; (ii) non-binding advisory vote on the Company's approach to executive
compensation; (iii) the Company's Deferred Share Unit Plan; (iv) the Company's Shareholder Rights Plan; and (v) the adoption
of the Company's new Business Corporations Act (British Columbia) Articles.
The Company has filed a report of voting results
on all resolutions voted on at the Meeting on www.sedar.com.
Long-Term Incentive Awards
The Company granted a total of 140,000 options
to purchase common shares of Aurora to independent directors of the Company. These options vest annually over 36 months and are
exercisable at $7.51 per common share. Additionally, the Company granted a total of 24,000 deferred stock units to independent
directors of the Company, vesting quarterly over 12 months.
Headquartered in Edmonton, Alberta, Canada
with funded capacity in excess of 500,000 kg per annum and sales and operations in 21 countries across five continents, Aurora
is one of the world's largest and leading cannabis companies. Aurora is vertically integrated and horizontally diversified across
every key segment of the value chain, from facility engineering and design to cannabis breeding and genetics research, cannabis
and hemp production, derivatives, high value-add product development, home cultivation, wholesale and retail distribution.
Highly differentiated from its peers, Aurora
has established a uniquely advanced, consistent and efficient production strategy, based on purpose-built facilities that integrate
leading-edge technologies across all processes, defined by extensive automation and customization, resulting in the massive scale
production of high quality product at low cost. Intended to be replicable and scalable globally, our production facilities are
designed to produce cannabis of significant scale, with high quality, industry-leading yields, and low per gram production costs.
Each of Aurora's facilities is built to meet EU GMP standards, and its first production facility, the recently acquired MedReleaf
Markham facility, and its wholly owned European medical cannabis distributor Aurora Deutschland, have achieved this level of certification.
In addition to Aurora's rapid organic growth
and strong execution on strategic M&A, which to date includes 15 wholly owned subsidiary companies - MedReleaf, CanvasRX,
Peloton Pharmaceutical, Aurora Deutschland, H2 Biopharma, Urban Cultivator, BC Northern Lights, Larssen Greenhouses, CanniMed Therapeutics,
Anandia Labs, HotHouse Consulting, MED Colombia, Agropro, Borela, and ICC - Aurora is distinguished by its reputation as
a partner and employer of choice in the global cannabis sector, having invested in and established strategic partnerships with
a range of leading innovators, including: Radient Technologies Inc. (TSXV: RTI), Hempco Food and Fiber Inc. (TSXV: HEMP), Cann
Group Ltd. (ASX: CAN), Micron Waste Technologies Inc. (CSE: MWM), Choom Holdings Inc. (CSE: CHOO), Capcium Inc. (private), Evio
Beauty Group (private), Wagner Dimas (private), CTT Pharmaceuticals (OTCC: CTTH), and Alcanna Inc. (TSX: CLIQ).
Aurora's Common Shares trade on the TSX and
NYSE under the symbol "ACB", and are a constituent of the S&P/TSX Composite Index.
For more information about Aurora, please visit
our investor website, investor.auroramj.com
Neither the TSX, NYSE nor their Regulation
Services Provider (as that term is defined in the policies of the TSX and NYSE) accepts responsibility for the adequacy or accuracy
Aurora Cannabis Inc.
Forward-Looking Statements
This news release includes statements containing
certain "forward-looking information" within the meaning of applicable securities law ("forward-looking statements").
Forward-looking statements are frequently characterized by words such as "plan", "continue", "expect",
"project", "intend", "believe", "anticipate", "estimate", "may", "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 variety of cannabis products that Aurora will supply to the adult
use market.. These statements are only predictions. Various assumptions were used in drawing the conclusions or making the projections
contained in the forward-looking statements throughout this news release. Forward-looking statements are based on the opinions
and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other
factors that could cause actual events or results to differ materially from those projected in the forward-looking statements.
The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking
statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.
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For further information: For Media: Heather MacGregor, (416)
509-5416, heather.macgregor@auroramj.com; For Investors: Marc Lakmaaker, (647) 269-5523, marc.lakmaaker@auroramj.com; Rob Kelly,
(647) 331-7228, rob.kelly@auroramj.com; U.S. Investors: Phil Carlson / Elizabeth Barker, KCSA Strategic Communications, (212) 896-1233
/ (212) 896-1203, pcarlson@kcsa.com / ebarker@kcsa.com
CO: Aurora Cannabis Inc.
CNW 11:00e 04-DEC-18