Aurora Cannabis Enters Supply Agreement with SNDL
Aurora Cannabis forms a supply agreement with SNDL.
Image | adobe.stock/The Allery
Aurora Cannabis announced in a recent press release (1), that the company was joining with SNDL Inc. (SNDL) in a supply agreement. Through this agreement, SNDL will be providing cannabis flower product that has been cultivated at the company’s indoor facility located in Atholville, New Brunswick, Canada, to Aurora Cannabis.
The press release mentioned that the supply agreement between Aurora Cannabis and SNDL is in place for three years with the additional option to expand the term length. The supply agreement is valued at $27 million, and both companies have worked together to manufacture other cannabis products and materials (1).
“Following our strong, third quarter performance driven by record setting growth in our international medical cannabis segment, Aurora remains focused on a balanced approach to operating a hybrid manufacturing network of in-house and third-party cultivation. We value our relationship with SNDL and their shared commitment to cultivation excellence,” said Miguel Martin, Executive Chairman and Chief Executive Officer of Aurora Cannabis.
“As Canada's leading integrated cannabis company, SNDL is well positioned as a supplier of quality cannabis products to commercial partners like Aurora. We have a shared approach to quality and cultivation excellence and look forward to expanding this relationship further,” said Zach George, Chief Executive Officer of SNDL.
Aside from this supply agreement, Aurora Cannabis partnered with Erfurt University of Applied Sciences in Leuna, Germany to form a student internship program with the school for medical cannabis cultivation (2).
References
- Aurora Cannabis Inc. Aurora Cannabis announces supply agreement with SNDL https://www.prnewswire.com/news-releases/aurora-cannabis-announces-supply-agreement-with-sndl-302370822.html (accessed Feb 10, 2025).
- McEvoy, E. Aurora cannabis announces cultivation internship program in Germany https://www.cannabissciencetech.com/view/aurora-cannabis-announces-cultivation-internship-program-in-germany (accessed Feb 10, 2025).
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