TSXV: ACB
VANCOUVER, March 30, 2017 /CNW/ - Aurora Cannabis Inc.
(the "Company" or "Aurora") (TSX-V: ACB) (OTCQX: ACBFF)
(Frankfurt: 21P; WKN: A1C4WM)
announced that effective today, shares of the Company have been
approved for and have commenced trading on the OTCQX Best Market,
operated by OTC Markets Group, under the ticker symbol ACBFF.
Shares of the Company previously traded on the OTCQB Venture
Market.
"We are very pleased that Aurora is the first Canadian licensed
producer to upgrade U.S. trading in our shares to the OTCQX," said
Terry Booth, CEO. "The upgrade
reflects the significant progress we have made both as an operator
and as a public company. We believe being on the OTCQX will
increase our investor audience in the U.S., due to the stricter
corporate governance requirements that meet a broader range of
investment mandates. On a strategic basis, this upgrade also
signals our intent to further engage with - and expand - our U.S.
investor base."
The OTCQX market is reserved for established, investor-focused
U.S. and global companies that meet high financial standards,
provide timely news and disclosure to investors, and are sponsored
by a professional third-party advisor. McMillan LLP serves as
Aurora's OTCQX advisor, responsible for providing professional
guidance on OTCQX requirements and U.S. securities laws.
U.S. investors can find current financial disclosure and Level 2
quotes for the company on www.otcmarkets.com.
About Aurora
Aurora's wholly-owned subsidiary, Aurora Cannabis Enterprises
Inc., is a licensed producer of medical cannabis pursuant to Health
Canada's Access to Cannabis for Medical Purposes Regulations
(ACMPR). The Company operates a 55,200 square foot,
state-of-the-art production facility in Mountain View County,
Alberta, and is currently
constructing a second, 800,000 square foot production facility,
known as "Aurora Sky", at the Edmonton International Airport. The Aurora Sky
project has secured advanced technology from the most renowned
design and construction suppliers in the
Netherlands. Aurora's common shares trade on the TSX-V under
the symbol "ACB", and on the OTCQX Best Market under the symbol
"ACBFF".
On behalf of the Board of Directors,
AURORA CANNABIS INC.
Terry Booth
CEO
This news release contains certain "forward-looking
statements" within the meaning of such statements under applicable
securities law. Forward-looking statements are frequently
characterized by words such as "plan", "continue", "expect",
"project", "intend", "believe", "anticipate", "estimate", "may",
"will", "potential", "proposed" and other similar words, or
statements that certain events or conditions "may" or "will" occur.
These statements are only predictions. Various assumptions were
used in drawing the conclusions or making the projections contained
in the forward-looking statements throughout this news release.
Forward-looking statements are based on the opinions and estimates
of management at the date the statements are made, and are subject
to a variety of risks and uncertainties and other factors that
could cause actual events or results to differ materially from
those projected in the forward-looking statements. The Company is
under no obligation, and expressly disclaims any intention or
obligation, to update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise,
except as expressly required by applicable law.
The TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
SOURCE Aurora Cannabis Inc.