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Home 🌿 Regional 🌿 North America 🌿 Canada 🌿 Aurora Cannabis receives production license for Quebec facility, oils production license for subsidiary MedReleaf 🌿

Aurora Cannabis receives production license for Quebec facility, oils production license for subsidiary MedReleaf

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Submitted by Marijuana News on Fri, 09/07/2018 - 17:49

Aurora Cannabis Inc (TSX: ACB, OTCQB: ACBFF) is upping its production capacity ahead of Canadian legalization in October.

The cannabis company has received a production license from Health Canada for its Aurora Eau facility in Lachute, Quebec.

The 48,000 square foot indoor-grow facility has a production capacity of 4,500 kg per year and sits on 46 acres of land, which Aurora has the right to purchase for US$136,000 for future expansion purposes.

Aurora now has a total of seven facilities licensed for production with a combined production capacity of more than 160,000 kg per year.

Its subsidiary MedReleaf Corp has received a license of its own for oil production in its Bradford facility.

MedReleaf Bradford features a high-volume CO2 extraction facility with the capacity to cultivate 28,000 kg per year.

Aurora says its subsidiary is stockpiling derivate products as it awaits a sale license.

Shares of Aurora Cannabis were down slightly on both Canadian and US exchanges.

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