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Aurora Cannabis Inc gets approval to sell oils

Published: 01:00 24 Jan 2017 AEDT

picture of cannabis leaves
Aurora has been licensed to produce oils for almost a year

Aurora Cannabis Inc (CVE:ACB) has been licensed to sell cannabis oils in Canada almost a year after receiving its production go-ahead.

It has been stockpiling cannabis oils and concentrates since then but can now sell these products to registered patients under Canada’s Access to Cannabis for Medical Purposes Regulations (ACMPR).

"Obtaining our license to sell cannabis oils is another major milestone for Aurora, said Terry Booth, chief executive.

“We can offer prescribing physicians a high-quality alternative to inhaled products,"

“With the combined capacity from our existing production site, as well as from our planned 800,000 square foot Aurora Sky facility now under construction at Edmonton International Airport, we believe Aurora is well positioned to become one of the largest producers and distributors of cannabis oil products."

Aurora recently signed a Memorandum of Understanding with Radient Technologies Inc to evaluate RTI's high throughput, terpene-preserving extraction technology.

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