Aurora Cannabis Stock (TSX: ACB) (NYSE: ACB) - Investor Dashboard
|Employees:||>2000 as of 12/2018|
Aurora Cannabis – Facilities
Through Aurora’s wholly-owned subsidiary Aurora Larsen Projects, the world’s preeminent designer of ultra-modern, ultra-efficient and ultra-low cost facilities, the company has constructed a number of state-of-the-art cannabis facilities that deliver high-grade cannabis at incredibly low operating costs. Following the construction of Aurora Sky, the world’s largest and most technologically advanced cannabis facility, the company created “Sky Class” facility standards, a set of sophisticated facility construction specifications which the Company is committed to implementing across all its current and future facilities. Aurora currently has 11 production facilities and a total funded capacity of more than 500,000 kg/year.
Aurora MTN – Mountain View County, Alberta
Flagship Cannabis Production Facility
Operating since 2015, Aurora Mountain has state-of-the-art, 55,200 square feet of expandable licensed production space (the “Facility”). Aurora MTN has an annual production capacity of 4,800 kilograms. The Facility is of pharmaceutical production grade quality with hydroponic greenhouse high-pressure sodium lighting and nutrient delivery equipment. It is located off Highway 22 and situated on approximately 154 acres of land in Mountain View County near Cremona, Alberta. It is nestled in the foothills of the Rocky Mountains which allows for a never-ending supply of clean, pure, mountain-fed water, an ideal location for security, tax benefits, shipping, farm credit eligibility and product growth. The Facility cost approximately $10.8 million as of March 31, 2016. MNP LLP conducted a valuation of the Company’s Facility in accordance with Canadian Uniform Standards of Professional Appraisal Practice propagated by the Appraisal Institute of Canada and determined that as of March 1, 2015, the fair AURORA CANNABIS INC. Management’s Discussion & Analysis For the three and nine month periods ended March 31, 2016 and 2015 3 market value of the Facility, which includes the land that has yet to be acquired, building, site improvements, fixture and equipment, to be between $11.6 million and $12.6 million.
Aurora Sky – Leduc County, Alberta
14-Acre Fully Automated Greenhouse
Aurora Sky is an 800,000 square foot production hybrid greenhouse facility, with a footprint larger than 16 football fields. It is the largest, most advanced and most automated cannabis production facility in the world. Situated on 30 acres of leased land in Leduc County, Alberta, Aurora Sky is capable of producing in excess of 100,000 kilograms of high-quality, low-cost cannabis per year. The location of the new facility provides unrivaled access to transportation, industrial infrastructure, power, water, gas, and courier services. Aurora Sky has its cultivation and sales licenses. The facility has target production costs of under one dollar per gram.
Aurora VIE – Pointe-Claire, Quebec
Operating Since June 2018
On April 28, 2017, through the acquisition of Peloton, the Company acquired a 40,000 square foot cannabis production facility in Pointe-Claire, Quebec, which received a ready-to-build letter from Health Canada in 2014. The Company estimates that as of the date of acquisition, construction at Pointe-Claire was approximately 80% complete. As of the date of this AIF, construction upgrades are nearly complete. Internal design and construction have been conducted specifically to ensure the facility meets Good Manufacturing Practices (GMP) standards. The Aurora cultivation team has validated breeding and selection for approximately a dozen new strains of cannabis to be grown at the Pointe-Claire facility which will further enhance the Company’s market offering to patients. Production is expected to commence before the end of 2017 with first harvest expected in early 2018. At full capacity, the facility is expected to have a capacity of producing up to 4,000 kilograms of cannabis annually. The facility received its sales license in June 2018. Additionally, the comapny received a Health Canada sales license permitting the sale of cannabis soft gel capsules produced at the Aurora Vie facility.
Aurora Eau – Lachute, Quebec
The 48,000-square-foot facility features 11 purpose-built grow rooms that will produce approximately 4,500 kilograms of cannabis per year. The facility meets European Union GMP standards. Opened in November 2018, Aurora Eau is expected to create 100 jobs for local residents. The facility has its cultivation license.
Aurora Nordic 1 and 2 – Odense, Denmark
Aurora Nordic is a 51 percent owned joint venture with farming company Alfred Pedersen & Søn. Construction will begin on a 1 million-square-foot hybrid greenhouse in Odense, Denmark. The facility, which will be completed to EU GMP standards, will have a cultivation capacity of 120,000-plus kilograms per year.
The joint venture also includes a 100,000-square-foot retrofit greenhouse with an 8,000-kilogram annual capacity.
Aurora Sun – Medicine Hat, Alberta
Aurora Cannabis acquired 71 acres of land in Medicine Hat, Alberta, which will become home to a 1.2 million-square-foot hybrid greenhouse with an annual cultivation capacity of 150,000-plus kilograms. Aurora Sun will be 50 percent larger than Aurora Sky. The facility can also be expanded to 1.5 million square feet. The full facility is slated for completion in the first half of 2020.
MedReleaf Markham – Markham, Ontario
Operating since 2014, MedReleaf’s original facility is a 55,500-square-foot building with 23,500 square feet of cultivation space, as well as labs, research, clinical testing, and plant breeding space. The facility has an annual production capacity of 7,000 kilograms. The facility has its cultivation and sales licenses.
MedReleaf Bradford– Bradford, Ontario
MedReleaf acquired the 210,000-square-foot Bradford facility in 2017. The facility has 17 climate-controlled grow rooms and a 28,000-kilogram annual production capacity. An expansion project is expected to be completed by the end of 2018. The facility has its cultivation and sales licenses.
MedReleaf Exter– Exter, Ontario
The Exeter facility features 1 million square feet of space capable of producing 105,000 kilograms per year.
CanniMed is a 97,000-square-foot facility in Saskatoon, Saskatchewan. The company is currently working on GMP certification. The facility has a funded capacity of 19,000 kilograms per year. CanniMed has its cultivation and sales licenses.
Malta Enterprise has granted Aurora a LOI approving its application for the first cannabis cultivation facility in Malta. The seed-to-pharma operation will be created by the company and its partner Cherubino, Malta’s largest pharmaceutical wholesaler. Aurora will be the majority owner of the facility. The cannabis cultivated and processed at the facility will meet EU GMP standards.
Cannabis Innovation Centre– Comox, British Columbia
Anandia Laboratories, acquired by Aurora Cannabis, is developing the Cannabis Innovation Centre, located just minutes from a major airport. The project includes a 22,500-square-foot greenhouse facility and 10,000-square-foot laboratory. This location will house one of the company’s main breeding and genetics program sites. The Cannabis Innovation Centre has the ability to expand to more than 100,000 square feet.
Aurora Polaris – Edmonton, Alberta
Currently under construction, Aurora Polaris will have 100,000-square-foot warehousing and distribution space, as well as 200,000 square feet dedicated to product manufacturing. The facility, designed to be a center of excellence, is located adjacent to the Aurora Sky facility and near the Edmonton International Airport.
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