Full Press Release Details
Aurora Cannabis Provides Update On German
Cannabis Production Tender
Public Appeal Process
Completed - Facility Construction to Begin in May 2019
EDMONTON, April 18, 2019 /CNW/ - Aurora Cannabis
Inc. ("Aurora" or the "Company") (TSX: ACB) (NYSE: ACB) (Frankfurt: 21P; WKN: A1C4WM) confirmed today that,
further to its press release dated April 5, 2019, the public appeal process related to the German cannabis production tender has
been completed, and Aurora's contract with the German Federal Institute for Drugs and Medical Devices (Bundesinstitut f r
Arzneimittel und Medizinprodukte BfArM) has now been finalized.
The approval will allow Aurora to begin construction
of a new, state-of-the art, indoor cannabis production facility in Leuna, Germany in May 2019 and the Company anticipates completion
within 12 months of ground breaking. Initial shipments of locally grown cannabis are expected to become available to German medical
patients starting in October 2020, with the new facility producing a minimum of 4,000 kg over a four-year period, to be expanded
over time as regulations permit.
"We are thrilled with the positive outcome
of the tender process, and excited to start construction on our latest production facility," said Neil Belot, Chief Global
Business Development Officer. "We are very proud of the work done by our European team. In addition to providing German
medical patients with a local supply of high-quality, medical grade cannabis, this new facility will also bring additional new
jobs to the German labour market. It's a strong validation of our production and distribution standards to have been recognized
as having the highest-rated overall concept out of 79 tender applications, and we look forward to continuing to increase availability
of medical cannabis in this important market."
"Our successful proposal was focused on
implementing the Aurora standard, pharmaceutical grade, cultivation techniques, while leveraging the broad competences of our team
of architects, engineers, pharmacists, plant specialists and project management professionals," said Dr. Axel Gille, Managing
Director of Aurora Europe. "Construction of this new facility in Leuna is the next logical step in expanding our Europe-wide
production network to ensure medical patients have safe access to consistent, high-quality medicinal cannabis flowers and full
Headquartered in Edmonton, Alberta, Canada
with funded capacity in excess of 625,000 kg per annum and sales and operations in 24 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 the Company'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 Labs - 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), Alcanna Inc. (TSX: CLIQ) and High Tide Inc.
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"),
including, but not limited to, statements with respect to the performance of the Company. 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 statements regarding the construction and completion of the Company's production facility in Germany,
and the production capacity of the facility. 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 07:00e 18-APR-19