Marketing costs doubled ahead of Canadian marijuana legalization, but medical pot still the bulk of Aurora’s business.
Pot producer Aurora Cannabis Inc. reported a surge in revenues between July and September, and “strong” recreational pot sales since Canada legalized marijuana for adult use last month.
Countries like Spain, Italy, and Colombia are likely the next growth opportunities for Canadian cannabis companies after a flurry of consolidation at home.
Aurora Cannabis Enterprises Inc. is the first private manufacturer in Italy.
Cam Battley, a senior executive at Aurora Cannabis, quipped in a recent note to company colleagues that “we need to accelerate” mergers and acquisitions activity, because “we haven’t acquired any other companies in several hours.”
County green-lights massive expansion of Aurora Cannabis near the community of Cremona, population 457.
No, it won’t get you high. But rest assured, the alcohol still works.
Idea is to give customers the same service as retailers like Amazon. Need some medical marijuana? There’s an app for that. An Alberta-based pot producer has launched a mobile app to make it easier for patients with a prescription to purchase federally-regulated medicinal weed. Cam Battley, of Aurora Cannabis, said the idea was to giveRead More
Aurora Cannabis, a Licensed Alberta Marijuana Grower, Plans Expansion the Size of 10 Canadian Football Fields
Imagine a marijuana grow-op in a greenhouse the size of ten Canadian football fields.