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AURORA CANNABIS IN (OTCMKTS:ACBFF) Gets Grow License For Pointe-Claire, Quebec Site

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Aurora Cannabis

AURORA CANNABIS IN (OTCMKTS:ACBFF) reported that the firm’s 40,000 square foot, yield-enhanced indoor production facility in Pointe-Claire has obtained its grow license from Health Canada. This licensed facility, to be called as “Aurora Vie”, makes company only the second LP in Quebec.

The details

Aurora Vie was bought in April, 2017 in a deal valued at $7 million, at which time it was around 80% complete. The center has since been completed, with around $3 million in technology and configuration upgrades specifically intended to meet European Union Good Manufacturing Practices certification standards.

Aurora Vie has an estimated cultivation capacity of nearly 4,000 kg of top quality cannabis per year, and showcases numerous automation and cultivation technologies the firm will also be deploying at its Aurora Sky facility at Edmonton International Airport.

Terry Booth, the CEO of Aurora, expressed that they bought Aurora Vie, concluded construction with key upgrades, and achieved their production license in a matter of less than six months, which is absolutely stunning. That’s testament to the team strength, its disciplined execution and agility. Aurora Vie itself is evidence to company’s innovation. Booth added that they are remarkably proud of their commitment to, growth strategy and investment in for Quebec operations. They look forward to servicing the medical market as well as the adult consumer market (once legalized), with locally grown high quality cannabis.

Initially, genetics will be transferred from the firm’s Aurora Mountain facility to new Aurora Vie facility, and the firm expects first harvest in the Q1 2018. Aurora Vie’s yield-enhanced design offers for tremendous flexibility to cultivate a wide variety of strains, comprising rare but pursued after cultivars not yet on company’s menu. This will further strengthen company’s brand recognition and expand the firm’s product offering for high quality cannabis.

Dieter MacPherson, the VP Production, reported that Aurora Vie can be stated as Indoor Purpose-Built 2.0, a truly next-gen facility, extending company’s leadership in high-efficiency, high-technology and high-quality cannabis cultivation.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of journaltranscript.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure

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