Aurora Cannabis Looks Focused on Developing Low-Cost Production While It Seeks a Strategic Partner
Aurora cultivates and sells cannabis predominantly in Canada but also exports into the global medical market.Aurora has historically focused on medical cannabis but has benefited from the legalization of recreational cannabis in Canada in 2018. Recreational now accounts for roughly 50% of gross sales and has been rising, although this share is slightly lower than peers. We expect the medical market to shrink due to recreational legalization but forecast roughly 20% average annual growth for the ...Aurora Cannabis is engaged in the acquisition, exploration and development of resource properties, primarily in Canada.
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