Aurora Cannabis And Ethypharm Deliver First Shipment To French Medical Marijuana Patients

Aurora Cannabis Inc.'s ACB ACB subsidiary Aurora Germany GmbH and Ethypharm have delivered their initial shipment of cannabis to the French medical cannabis pilot program.

According to Aurora's press release, the program is poised to launch in the coming weeks, just months following the signing of the agreement in October 2020.

The Edmonton, Alberta-based cannabis giant also said that its subsidiary and Ethypharm were selected by the National Agency for the Safety of Medicines and Health Products to supply the entire medical cannabis dried flower range sourced from the company's EU GMP facility in Denmark Aurora Nordic to French patients as part of the program.

The pilot program includes three types of high-quality pharmaceutical-grade dried flower medical cannabis, including Aurora 20/1 XPE (high-THC dried flower), Aurora 8/8 XPE CBD, and Aurora 1/12 XPE (high-CBD dried flower).

"This accomplishment is another example of Aurora's leadership in global cannabis, with a proven track record of supporting the advancement of international medical cannabis markets alongside government bodies," Miguel Martin, the company's CEO, said. "By demonstrating a deep commitment to compliance and focus on product quality, we won three of the nine available tenders. If successful, this pilot program could lead to one of the largest regulated medical cannabis markets in Europe."

More recent news from Aurora:

Aurora Cannabis Stock Falls Amid Losses In Q3, Announces Transfer To Nasdaq

Aurora Cannabis Is Gearing Up: Delivers An $8M Weed Shipment To Israel

Aurora Cannabis Focuses On U.K. Medical Cannabis Market, Expands Its Collaboration With Grow Group On Heels Of NASDAQ Transfer

Aurora Cannabis To Raise $300M, Files Prospectus Supplement For ATM Offering Program Ahead Of Transfer To NASDAQ

Aurora Cannabis Repays $89M Credit Facility, Continues Its 'Business Transformation Plan'

Price Action

Aurora Cannabis' shares traded 1.11% lower at $7.15 per share at the pre-market session, on Wednesday morning.

Photo: Courtesy of Kimzy Nanney on Unsplash

Posted In: CannabisNewsSmall CapMarketsAurora Germany GmbHFranceinitial shipmentmedical cannabisMiguel Martin
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

The Benzinga Cannabis Capital Conference is coming to Florida

The Benzinga Cannabis Capital Conference is returning to Florida, in a new venue in Hollywood, on April 16 and 17, 2024. The two-day event at The Diplomat Beach Resort will be a chance for entrepreneurs, both large and small, to network, learn and grow. Renowned for its trendsetting abilities and influence on the future of cannabis, mark your calendars – this conference is the go-to event of the year for the cannabis world.

Get your tickets now on bzcannabis.com – Prices will increase very soon!


Loading...