tiprankstipranks
The Fly

Aurora Cannabis announces supply agreement with SNDL

Aurora Cannabis announces supply agreement with SNDL

Aurora Cannabis (ACB) announces a strategic supply agreement with SNDL Inc, (SNDL) a Canadian licensed producer and vertically integrated cannabis enterprise. Under this Agreement, SNDL is expected to supply Aurora with premium cannabis flower product grown at SNDL’s indoor facility in Atholville, New Brunswick. The term of the agreement is for three years with an option to extend and an estimated value of $27M. Aurora and SNDL have an existing and successful supply relationship for the manufacturing of various cannabis products and input material.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>