Friday, May 30, 2025

Latest

Aurora Cannabis Enters $27 Million Supply Agreement With SNDL

Aurora Cannabis (TSX: ACB) has entered into a major agreement with SNDL Inc (NASDAQ: SNDL).

The arrangement will see Aurora supplied with premium cannabis flower over a three year period with an option to extend. The flower, to be grown at SNDL’s Atholville indoor facility, is said to be valued at $27 million over the life of the contract.

The supply agreement is in addition to current contracts already in place between the two parties, with SNDL providing Aurora with various cannabis products and input materials.

“Following our strong, third quarter performance driven by record setting growth in our international medical cannabis segment, Aurora remains focused on a balanced approach to operating a hybrid manufacturing network of in-house and third-party cultivation. We value our relationship with SNDL and their shared commitment to cultivation excellence,” commented Aurora CEO Miguel Martin.

Aurora Cannabis last traded at $8.96 on the TSX.


Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Leave a Reply

Video Articles

How To Profit From $3300 Gold? An Inside Look At A Massive 300,000 Oz Project | Martino De Ciccio

We’re At The Start of a Great Silver Boom | Ross McElroy & Andy Bowering – Apollo Silver Corp

Equinox Gold Q1 Earnings: When Everything Goes Wrong

Recommended

ESGold Begins Concentration Tests Ahead Of First Production

Sterling Metals Hits 0.21% Copper Over 482.8 Metres In First Drilling At Soo Copper project

Related News

Aurora Cannabis: Consensus Estimates Point To Flat Quarterly Growth

Aurora Cannabis (TSX: ACB) (NYSE: ACB) announced that they will be reporting their fiscal third quarter...

Thursday, May 13, 2021, 12:31:00 PM

SNDL Expected To Close On Assets Of Indiva Following Stalking Horse Bid

Two months after the initiation of creditor protection, the assets of Indiva Limited have been...

Thursday, August 29, 2024, 08:32:01 AM

Aurora Cannabis Sees Third Facility EU-GMP Certified

Aurora Cannabis (TSX: ACB) (NYSE: ACB) this morning announced that it has received European Union...

Monday, February 3, 2020, 08:24:22 AM

Nelson Peltz Resigns As Advisor To Aurora Cannabis

Aurora Cannabis (TSX: ACB) (NYSE: ACB) has seen Nelson Peltz resign as a strategic advisor...

Monday, September 28, 2020, 08:54:46 AM

Aurora Cannabis To Conduct 12 to 1 Reverse Split, Launch New ATM Program

Aurora Cannabis (TSX: ACB) (NYSE: ACB) has given in. It has finally announced that it...

Monday, April 13, 2020, 08:04:32 AM