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Aurora Cannabis Secures Strategic $27 Million Supply Agreement with SNDL

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Aurora Cannabis Secures Strategic $27 Million Supply Agreement with SNDL

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The latest update is out from Aurora Cannabis ( (TSE:ACB) ).

Aurora Cannabis has announced a strategic supply agreement with SNDL Inc., a Canadian cannabis producer, to source premium cannabis flower over the next three years valued at $27 million. This partnership underscores Aurora’s strategy to leverage both in-house and third-party cultivation to enhance its product offerings, reflecting its commitment to quality and cultivation excellence, which is expected to strengthen its market position and benefit stakeholders.

More about Aurora Cannabis

Aurora Cannabis is a leading global medical cannabis company based in Edmonton, Alberta, specializing in serving both medical and consumer markets across Canada, Europe, and Australia. The company is known for its diverse portfolio of adult-use and medical cannabis brands and focuses on high-quality products driven by science and innovation.

YTD Price Performance: 19.33%

Average Trading Volume: 1,964,566

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $292.4M

Find detailed analytics on ACB stock on TipRanks’ Stock Analysis page.

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