Aurora Cannabis Inc. Setting up to become a Top Marijuana Producer in North America
With a full license to produce up to 5,500 Kilograms/year and a state-of-the-art, purpose-built facility exceeding governmental expectations, Aurora Cannabis Inc. is a promising Canadian marijuana producing company. With sound market strategies, Aurora intends to increase its production facility to 50,000 square feet every 1,5 years.
Aurora’s milestones since the beginning of 2015
• January 26, 2015 – Completion of the 55,200 square foot brand new facility in Mountain View County, Alberta.
• February 20, 2015 – Aurora received the federal license to produce medical marijuana under the Marijuana for Medical Purposes Regulations. Among the few organizations in Canada, Aurora is also the sole licensed producer within Alberta -Canada’s most business-friendly province. While the application was being processed, Aurora’s scientific team was organizing meetings with leading botanists from around the world, and developed a patent-pending pest control system.
• March 10, 2015 – Appointment of Dr. Jason Dyck, PhD, to its Board of Directors. Dr. Dyck specializes in the molecular biology of heart disease and metabolism. He is a leader in his field and has extensive experience in drug discovery and commercialization.
Important developments in the US
“Weed 3: The Marijuana Revolution”, a CNN documentary aired on April 19| 2015, explores the politics of medical marijuana research in the US. Dr. Sanjay Gupta interviewed President Barack Obama, who showed his support for the Careers Act of 2015. He also declared on record that it would be appropriate to follow science vs ideology and treat drug abuse issues from a public health model, as opposed to an incarceration model.
The Act, if passed, will entail the following for the marijuana industry:
• states will be able to legalize medical marijuana use without federal interference
• increase research on the medical benefits
• alter marijuana’s status as “dangerous drug”
US Marijuana market forecast
- Existing demand drives rapid growth from $1.5 billion in 2013 to $2.7 billion in 2014 – a 74{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} increase in one year
- It is expected to grow to $3.5 billion – an additional 32{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} in 2015
What this means for Aurora Cannabis Inc.?
In March 2015, Aurora Cannabis Inc. opened Australis Capital Inc. – a wholly owned subsidiary focused on opportunities in the United States with respect to production, processing, extracting of derivatives, and sale of both medicinal and recreational cannabis.
On April 7, 2015 Aurora Cannabis Inc., through Australis Capital Inc., made an agreement with AJR Builders Group LLC (Bellingham, Wash.), to form Australis Holdings LLP. Under this partnership, Australis will develop and construct a new marijuana production and processing facility on the 24.5 acres in the Bakerview Business borough (Whatcom County, Wash.). The site will be largest industrial development catering to the cannabis industry in Washington. (Read full description).
- Aurora will provide training, quality control, operation manuals and technical support for a number of turnkey production facilities;
- Operations in the state of Washington will facilitate expansion plans to serve recreational and medical marijuana markets in other American states.
Considering the imminent possible changes in the US legislation, paired with Canadian regulatory environment implemented as the Aurora standard, Aurora Cannabis has the potential for extensive market-defining impact.
Objectives and strategies for success
• Capture the majority of the market share.
• Adapt to changes in laws and markets.
• Expand activities beyond North America.
• Extensive marketing campaigns and set a different tone to the “marijuana” conversation.
• Create strategic partnerships with the marijuana scientific communities.
We encourage you to visit Aurora Cannabis website and view the Company’s investor presentation.
With their license now official, this creative energy can now be directed to producing the highest quality Medical Marijuana possible.