AURORA COMMENCES FLOWERING OF 2400 MEDICINAL CANNABIS PLANTS CONSISTING OF 7 STRAINS
2015-04-28 – News Release -Aurora Cannabis Inc.’s 2,400 clones of seven different strains have been moved to the flowering stage. Commonly used names for the strains are Purple Kush, Agent Orange, Girl Scout Cookies, LSD, Strawberry Cough, AK47 and Exodus Cheese. Patients can be assured that the variety of strains will address a wide range of needs. More strains will be introduced as production ramps up. Aurora is expecting the first harvest to occur towards the end of June, 2015. Once in full production, the facility will be harvesting approximately 2500 plants every 7 days that will result in up to 100 kg of product per harvest.
Aurora’s patient acquisition plan is in the process of being finalized and the Company is confident that it will establish a significant customer base for sales while ensuring that our patients are not compromised by product shortages. This is an exciting time for Aurora and its shareholders as Aurora will begin producing a steady stream of revenue through the sales of its expertly cultivated and safe artisanal medical cannabis to customers across Canada.
Inspectors of Health Canada’s Office of Controlled Substances have visited Aurora twice since the cultivation license was issued (March 25 and April 21) and were satisfied with the facility, procedures and the progress thus far. The successful outcome of these and previous inspections continues to demonstrate Aurora’s commitment to operating successfully in this developing branch of the pharmaceutical industry. Further, in keeping to its vision of producing artisanal medical-grade cannabis, Aurora is proceeding forward with production under a unique advisory relationship designed to expand and augment each strain’s unique medical potential. This relationship was recently secured via an audit performed in California by Aurora’s quality control team.
Aurora is pleased to announce that it has entered into a contract with Ample Organics to obtain, utilize, and be supported by their advanced seed to sale enterprise resource planning (ERP) software platform for cultivation and sales of medical cannabis and medical cannabis related products. The software will enhance Aurora’s recordkeeping, traceability and overall efficiency in all aspects of facility operations. The progressive software will also help ensure that Aurora is operating as a leader in this expanding industry with only the most innovative solutions and products being made available to its future patients.
John Prentiss, CEO of Ample Organics, stated, “Ample Organics could not be more excited to have the privilege of working with the talented and experienced team at Aurora. Their purpose-built, state- of-the-art facility will now be powered by the most comprehensive software solution available today. We firmly believe that this partnership will set the bar thus further defining the Aurora Standard as the leader in this nascent industry, resulting in the best client experience in the cannabis space at every level.”
Aurora has also entered into a contract to employ the services of MMJ Hype, a division of Triforce Media Inc., a full service cannabis-marketing agency that is dedicated to providing Aurora with the highest quality search engine optimization (SEO), social media, marketing, reputation management and web analytics in the industry. Maxwell Duchaine commented, “MMJ Hype is looking forward to working with Aurora on generating additional website traffic from search engines and increasing brand awareness across Canada. MMJ Hype and Triforce Media will leverage the latest digital marketing tactics to ensure a leading position within this burgeoning industry.”
Aurora has entered into 11 non-disclosure agreements including 4 in the United States to review in detail additional synergistic opportunities within the cannabis space. Terry Booth, CEO of Aurora, commented: “The opportunities in the Cannabis industry are plentiful. It is imperative that we stay on point and focus on our strategy which is inherent to our strengths and talents.”
Aurora is the gold sponsor of the upcoming Jacob Securities Inc. investment event. Jacob Securities is a Toronto based, independent full-service investment bank, providing underwriting and financial advisory services to companies in the power, infrastructure, technology, energy and mining sectors. The event has attracted investors from around the world. Leslie Bocskor of Electrum Partners and Terry Booth, CEO of Aurora, will be guest speakers at the event.
In addition to the Jacobs investor conference, Aurora is proud to be a part of the upcoming Canadian Securities Exchange event hosted on May 6th in Calgary. The “TakeStock! Alberta Spring Investor Forum” will be featuring Aurora’s CEO, Terry Booth, as a speaker.
With regard to the Bakerview Business Borough in Bellingham, Washington, the Company’s wholly- owned subsidiary, Australis Capital Inc., is pleased to announce that this project has progressed with the signing of a Memorandum of Understanding with AJR Builders Group. This signing is another step towards developing Australis Holdings LLP’s plans in the creation of the best multifaceted project in Washington State that will exclusively cater to the recreational and medical cannabis industry.