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Aurora Cannabis Inc (3)
Symbol ACB
Shares Issued 54,857,588
Close 2025-02-06 C$ 8.96
Market Cap C$ 491,523,988
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Aurora Cannabis signs three-year supply deal with SNDL

2025-02-06 20:56 ET - News Release

Mr. Miguel Martin reports

AURORA CANNABIS ANNOUNCES SUPPLY AGREEMENT WITH SNDL

Aurora Cannabis Inc. has signed a strategic supply agreement with SNDL Inc., a Canadian-licensed producer and vertically integrated cannabis enterprise.

Under this agreement, SNDL is expected to supply Aurora with premium cannabis flower product grown at SNDL's indoor facility in Atholville, N.B. The term of the agreement is for three years, with an option to extend and an estimated value of $27-million. Aurora and SNDL have an existing and successful supply relationship for the manufacturing of various cannabis products and input material.

"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," said Miguel Martin, executive chairman and chief executive officer of Aurora Cannabis.

"As Canada's leading integrated cannabis company, SNDL is well positioned as a supplier of quality cannabis products to commercial partners like Aurora. We have a shared approach to quality and cultivation excellence, and look forward to expanding this relationship further," said Zach George, CEO of SNDL.

About Aurora Cannabis Inc.

Aurora is opening the world to cannabis, serving both the medical and consumer markets across Canada, Europe and Australia. Headquartered in Edmonton, Alta., Aurora is a pioneer in global cannabis, dedicated to helping people improve their lives. The company's adult-use brand portfolio includes Aurora Drift, San Rafael '71, Daily Special, Tasty's, Being and Greybeard. Medical cannabis brands include MedReleaf, CanniMed, Aurora and Whistler Medical Marijuana Co., as well as international brands Pedanios, IndiMed and CraftPlant. Aurora also has a controlling interest in Bevo Farms Ltd., North America's leading supplier of propagated agricultural plants. Driven by science and innovation, and with a focus on high-quality cannabis products, Aurora's brands continue to break through as industry leaders in the medical, wellness and adult recreational markets wherever they are launched.

Aurora's common shares trade on the Nasdaq Stock market and the Toronto Stock Exchange under the symbol ACB.

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