TSXV: ACB
VANCOUVER, May 8, 2017 /CNW/ - Aurora Cannabis Inc. (the
"Company" or "Aurora") (TSXV: ACB) (OTCQX: ACBFF) (Frankfurt: 21P; WKN: A1C4WM) announced today
that, effective immediately, Mr. Chuck
Rifici has resigned as a Director of the Company to focus on
a new venture.
"We would like to thank Chuck for his valuable contributions to
the development of Aurora into one of the world's largest cannabis
companies," said Michael Singer,
Chairman of the Board of Directors for Aurora. "I've greatly
enjoyed working with Chuck and wish him well in his new
venture."
"Over my nearly two years on the Board, I was extremely
impressed with how Terry and his team successfully executed on the
Company's aggressive growth strategy, and transformed Aurora into a
trailblazing, world-class company," said Rifici. "As a shareholder,
I will continue to follow Aurora's progress with interest."
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, and has
acquired, and is undertaking completion of, a third 40,000 square
foot production facility in Pointe Claire, Quebec, near Montreal. In addition, the
company is the cornerstone investor with a 19.9% stake in Cann
Group Limited, the first Australian company licensed to conduct
research on and cultivate medical cannabis. Aurora's common
shares trade on the TSX-V under the symbol "ACB".
On behalf of the Board of
Directors,
AURORA CANNABIS
INC.
Terry Booth, CEO
This news release includes statements containing certain
"forward-looking information" within the meaning of applicable
securities law ("forward-looking statements"). The forward-looking
statements include, among other things, statements about the use of
proceeds from the Offering. 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.