Operational Update: Aurora Cannabis Exceeds 7,700 Registered Patients, Continues Rapid Sales Growth
VANCOUVER, Sept. 6, 2016 /CNW/ – Aurora Cannabis Inc. (CSE: ACB) (FRANKFURT: 21P) (WKN: A1C4WM) (OTCQB: ACBFF) (“Aurora” or the “Company”) is pleased to provide the following operational update.
Patient Onboarding Continues Rapid Pace
On September 2, 2016, Aurora surpassed 7,700 active registered patients, just under eight months after the Company’s first sale of product. This is believed to be the fastest rate of patient registration after commencement of commercial operations achieved by any Licensed Producer.
19% Sales Growth Month-over-month
Strong sales growth continued, with total weight of dried cannabis sold reaching 147,000 grams in August, 2016, versus 124,000 grams sold the previous month. Gross revenue for the month of August, 2016 was $1.2 million, a 20% increase over July, 2016.
Upgrade and Expansion of Mother Room
The Company’s production facility has just completed a substantial upgrade and expansion of its mother room, with the addition of full-spectrum LED + HID lighting and an automated irrigation system that can deliver cultivar-specific nutrient formulas. The improvements effectively double the room’s plant capacity and further strengthen Aurora’s commitment to full lifecycle plant health and quality.
I am delighted with our operational performance, our proprietary technologies, and our ability to execute our goals with discipline and vision. The Aurora Standard continues to elevate the way patient needs are being met across Canada.
Terry Booth, CEO
Aurora’s wholly-owned subsidiary, Aurora Cannabis Enterprises Inc., is a licensed producer of medical marijuana pursuant to Health Canada’s Access to Cannabis for Medical Purposes Regulations (ACMPR) and operates a 55,200 square foot, expandable, state-of-the-art production facility in Mountain View County, Alberta, Canada. Aurora trades on the Canadian Securities Exchange under the symbol “ACB”.
Original press release: http://www.newswire.ca/news-releases/operational-update-aurora-cannabis-exceeds-7700-registered-patients-continues-rapid-sales-growth-592409701.html
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