
Aurora Completes First-Ever EU-GMP Certification for the Company's Dedicated Distribution Centre
NASDAQ| TSX:
EDMONTON, AB, July 14, 2025 /CNW/ - Aurora Cannabis Inc. (NASDAQ: ACB) (TSX: ACB), the Canadian-based leading global medical cannabis company, is pleased to announce that its dedicated distribution centre located in Brampton, Ontario, has received European Union Good Manufacturing Practice ("EU-GMP") certification, increasing the company's international export capabilities. The distribution centre joins Aurora's group of manufacturing facilities in Canada and Europe certified against EU standards, demonstrating the company's unwavering commitment to regulatory excellence, end-to-end operational quality assurance, and global supply chain efficiency.
"Securing EU-GMP certification at manufacturing and distribution facilities within our network is an important validation of our differentiated approach to operating as a global medical cannabis company," said Jill Lau, Vice President of Canadian Operations at Aurora. "By adding certification for our distribution centre, we are now uniquely positioned to ensure patients worldwide have consistent access to superior quality medical cannabis from the largest Canadian exporter."
EU-GMP certification is granted to companies whose production facilities meet the requirements under the EudraLex "Rules Governing Medicinal Products in the European Union," and that can demonstrate a high degree of quality and consistency in their manufacturing procedures, a requirement for the export of medical cannabis products into Europe. EU-GMP certification of the company's distribution centre allows it to serve as a centralized site for more optimized and efficient receipt, storage and distribution of materials and finished products internationally.
With operations across Canada and in Europe, Aurora remains at the forefront of the global medical cannabis industry. By continuously investing in operational capabilities, regulatory excellence, and a science-led approach, Aurora is best positioned to deliver high-quality medical cannabis that meets and exceeds the highest international standards.
About Aurora Cannabis Inc.
Aurora is opening the world to cannabis, serving both the medical and consumer markets across Canada, Europe, Australia and New Zealand. Headquartered in Edmonton, Alberta, Aurora is a pioneer in global cannabis, dedicated to helping people improve their lives. The Company's adult-use brand portfolio includes Drift, San Rafael '71, Daily Special, Tasty's, Being and Greybeard. Medical cannabis brands include MedReleaf, CanniMed, Aurora and Whistler Medical Marijuana Co., as well as international brands, Pedanios, IndiMed and CraftPlant. Aurora also has a controlling interest in Bevo Farms Ltd., North America's leading supplier of propagated agricultural plants. Driven by science and innovation, and with a focus on high-quality cannabis products, Aurora's brands continue to break through as industry leaders in the medical, wellness and adult recreational markets wherever they are launched. Learn more at www.auroramj.com and follow us on X and LinkedIn.
Aurora's common shares trade on the NASDAQ and TSX under the symbol "ACB".
Forward Looking Information
This news release includes statements containing certain "forward-looking information" within the meaning of applicable securities law (" forward-looking statements"). 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. Forward-looking statements made in this news release include, but are not limited to, statements regarding the EU-GMP certification for the Company's dedicated distribution centre and benefits for the Company, including increases to operational capacity for international medical markets; statements regarding the Company's ability to meet patient demand globally; and the Company's commitment to regulatory excellence, end-to-end operational quality assurance and global supply chain efficiency.
These forward-looking statements are only predictions. Forward looking information or statements contained in this news release have been developed based on assumptions management considers to be reasonable. Material factors or assumptions involved in developing forward-looking statements include, without limitation, publicly available information from governmental sources as well as from market research and industry analysis and on assumptions based on data and knowledge of this industry which the Company believes to be reasonable. Forward-looking statements are subject to a variety of risks, uncertainties and other factors that management believes to be relevant and reasonable in the circumstances could cause actual events, results, level of activity, performance, prospects, opportunities or achievements to differ materially from those projected in the forward-looking statements. These risks include, but are not limited to, the magnitude and duration of potential new or increased tariffs imposed on goods imported from Canada into the United States; the ability to retain key personnel, the ability to continue investing in infrastructure to support growth, the ability to obtain financing on acceptable terms, the continued quality of our products, customer experience and retention, the development of third party government and non-government consumer sales channels, management's estimates of consumer demand in Canada and in jurisdictions where the Company exports, expectations of future results and expenses, the risk of successful integration of acquired business and operations, management's estimation that SG&A will grow only in proportion of revenue growth, the ability to expand and maintain distribution capabilities, the impact of competition, the general impact of financial market conditions, the yield from cannabis growing operations, product demand, changes in prices of required commodities, competition, and the possibility for changes in laws, rules, and regulations in the industry, epidemics, pandemics or other public health crises and other risks, uncertainties and factors set out under the heading "Risk Factors" in the Company's annual information from dated June 17, 2025 (the "AIF") and filed with Canadian securities regulators available on the Company's issuer profile on SEDAR+ at www.sedarplus.com and filed with and available on the SEC's website at www.sec.gov. The Company cautions that the list of risks, uncertainties and other factors described in the AIF is not exhaustive and other factors could also adversely affect its results. Readers are urged to consider the risks, uncertainties and assumptions carefully in evaluating the forward-looking statements and are cautioned not to place undue reliance on such information. 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 securities law.
SOURCE Aurora Cannabis Inc.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Globe and Mail
12 minutes ago
- Globe and Mail
Prediction: 2 Stocks That'll Be Worth More Than Navitas Semiconductor 2 Years From Now
Key Points Navitas' valuations were inflated by its recent AI data center deal with Nvidia. ChargePoint should command a higher valuation as the EV market heats up again. Luminar could impress the bulls as its lidars gain acceptance among major automakers. 10 stocks we like better than Navitas Semiconductor › Navitas Semiconductor (NASDAQ: NVTS), a producer of gallium nitride (GaN) and silicon carbide (SiC) chips, saw its stock surge to a 52-week high of $9.17 on June 11. That marked a whopping 323% gain over its previous month. That rally was driven by Nvidia 's decision to use Navitas' GaN and SiC chips -- which resist higher voltages, operate at higher temperatures, and switch at higher speeds than traditional silicon chips -- to process its AI workloads at its next-gen data centers. But as that initial euphoria faded, Navitas' stock retreated about 35% to around $6. Navitas is still a promising growth stock. From 2024 to 2027, analysts expect its revenue to increase at a compound annual growth rate (CAGR) of 17% as its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) turns positive by the final year. That expansion should be fueled by milder headwinds for its core EV, industrial, and solar markets; the growing usage of fast chargers (which use GaN and SiC) chips; and its closely watched deal with Nvidia. But with a market cap of $1.2 billion, Navitas looks pricey at 19 times this year's sales. If it matches analysts' revenue forecasts through 2027, grows another 17% in 2028, and still trades at the same forward price-to-sales ratio, its market cap could rise 150% to $3 billion over the next two years. But if it's valued at a more reasonable 7 times sales, its market cap would drop to $1.1 billion. So Navitas' high valuation could limit its upside potential for the foreseeable future. Meanwhile, two less valuable tech stocks -- ChargePoint (NYSE: CHPT) and Luminar (NASDAQ: LAZR) -- might grow faster and eclipse Navitas' market cap over the next two years. ChargePoint ChargePoint manages more than 352,000 EV charging ports (over 35,000 of which are DC fast chargers) across the U.S. and Europe. It also provides its customers with access to more than 1.25 million charging ports across the world through its roaming partnerships. ChargePoint mainly helps businesses set up their own charging stations and set their own rates. Those systems are tethered to its network access, billing, and customer support services. It also provides residential charging systems for homes and apartment complexes. ChargePoint grew rapidly for years before its revenue abruptly declined 18% in fiscal 2025 (which ended this January). That slowdown was caused by rising interest rates, a chilly EV market, and tougher macro headwinds, which drove many businesses to postpone their installations of new EV charging ports. But as ChargePoint's growth stalled, it cut costs, pruned its workforce, and rolled out new dynamic pricing plans to boost its gross and operating margins. From fiscal 2025 to fiscal 2028, analysts expect ChargePoint's revenue to grow at a CAGR of 19% as its adjusted EBITDA turns positive by the final year. That growth should be driven by the EV market's recovery, declining interest rates, and other macro tailwinds. With a market cap of $318 million, ChargePoint's stock looks like a screaming bargain at 0.8 times this year's sales. If it matches analysts' estimates and trades at a more generous 5 times its forward sales by the beginning of fiscal 2028 (which begins in January 2027), its market cap could rise 11-fold to $3.5 billion. Luminar Luminar produces lidar (light detection and ranging) systems, which use lasers to detect the distance of surrounding objects and create detailed digital maps. They're often used in driverless vehicles to detect other cars, pedestrians, and road hazards. The company differentiates itself from its competitors by using an infrared light at the 1,550 nm wavelength, which is higher than the wavelengths used in other lidar systems. Luminar claims that advantage helps its lidars "see" more objects at longer ranges and higher resolutions. It also manufactures most of its own components instead of using off-the-shelf parts. A growing list of major automakers -- including Volvo and Volkswagen 's Audi -- are using Luminar's lidars. But in 2024, Luminar's revenue only rose 8% as the EV and autonomous vehicle markets cooled and it struggled with Volvo's delayed launch of its EX90 SUV. That slowdown, along with persistent losses, sank Luminar's stock. From 2024 to 2027, analysts expect Luminar's revenue to grow at a CAGR of 45% as the market warms up again. It's still a highly speculative play, but the math suggests it could be a potential multibagger. With a market cap of $143 million, Luminar trades at just 1.7 times this year's sales. Assuming it matches analysts' expectations, grows its revenue by another 20% in 2028, and trades at a more generous 10 times its forward sales by the beginning of the final year, its market cap could grow more than 19 times to around $2.7 billion over the next two years. If you're looking for a high-risk, high-reward play, Luminar might check all the right boxes. Should you invest $1,000 in Navitas Semiconductor right now? Before you buy stock in Navitas Semiconductor, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Navitas Semiconductor wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $671,477!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,010,880!* Now, it's worth noting Stock Advisor 's total average return is1,047% — a market-crushing outperformance compared to180%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 14, 2025


Globe and Mail
12 minutes ago
- Globe and Mail
These Stocks Have Soared 700% or More in the Last 5 Years and Could Still Crush the Nasdaq by 2030
Key Points Nvidia is driving the adoption of AI across the global economy. Broadcom's custom AI chip business is booming. 10 stocks we like better than Nvidia › The tech sector has historically been a hotbed for monster growth stocks, and that continues to be the case as artificial intelligence (AI) takes over the global economy. It's no surprise that some of the best-performing stocks in recent years have been leading chip companies. But the investment in AI is just getting started. Nvidia (NASDAQ: NVDA) and Broadcom (NASDAQ: AVGO) continue to see robust demand for their AI products. The tech-heavy Nasdaq Composite (NASDAQINDEX: ^IXIC) has doubled over the last five years, but these chip stocks have significantly outpaced it and could beat it again over the next five years. 1. Nvidia Shares of Nvidia have rocketed almost 1,500% since July 2020. However, it's still growing revenue and earnings at rates that can justify more highs for the stock. After falling with the broader market earlier this year, the stock has surged to record highs. Nvidia posted a 69% year-over-year increase in revenue last quarter, driven by strong demand for its new Blackwell computing system for advanced AI workloads. "Countries around the world are recognizing AI as essential infrastructure -- just like electricity and the internet -- and Nvidia stands at the center of this profound transformation," CEO Jensen Huang said. Huang is a CEO worth betting your money on. For more than two decades, Nvidia's main business was making graphics cards for PCs and video game consoles. But Huang expanded the company's addressable market to high-performance computing markets like data centers, which today make up nearly 90% of Nvidia's revenue. Nvidia is now one of the most profitable companies in the world. Over the last year, it earned $77 billion in net income on $148 billion of revenue, representing a sky-high margin of 51%. The company is reinvesting those profits in more innovation. Nvidia is already ramping up its Nvidia GB300 NVL72 platform, which features 72 Blackwell Ultra graphics processing units (GPUs) and 36 Arm -based Nvidia Grace chips. This new Blackwell Ultra computing system was built for next-level AI reasoning, providing a 50-times jump in AI factory output. The number of chips on these systems tells you why Nvidia's margins are so high. It is packaging together a bunch of state-of-the-art chips into a single platform and selling it for a premium. Apple is reportedly set to spend $1 billion on 250 GB300 systems. Current Wall Street estimates have Nvidia's revenue and adjusted earnings growing at an annualized rate of 20% through 2030. The stock trades at a forward price-to-earnings (P/E) multiple of 38 on this year's estimate, but the P/E drops to 22 on 2030 estimates. Nvidia stock should continue to follow earnings, potentially doubling the stock within the next five years. 2. Broadcom Nvidia isn't the only way to play the growth in AI infrastructure. There's also tremendous demand for custom AI accelerators, software, networking, and security solutions, which is benefiting Broadcom. The stock rocketed 762% over the last five years. While it may not match that performance over the next five years, it could at least double. The company's revenue grew 25% year over year last quarter. AI chip revenue alone grew 77% year over year, and management's outlook calls for more growth in custom AI accelerators, or XPUs, and networking products for data centers. Broadcom is in a great position to meet growing demand for faster data transfer speeds for advanced AI workloads. Its new Tomahawk 6 Ethernet switch offers 102.4 terabits per second of capacity to improve computing performance. Moreover, Broadcom expects three existing customers for its AI XPUs to deploy 1 million accelerated clusters by 2027. This demand should continue to benefit Broadcom's profitability. Management has a long record of investing in opportunities that generate growing free cash flow. Last year, Broadcom generated $19 billion in free cash flow on $51 billion of revenue. By fiscal 2029 ending in October, analysts expect free cash flow to reach $64 billion, representing a compound growth rate of 27%. The stock is trading at 36 times this year's free-cash-flow estimate, which is justified considering the opportunity ahead. Given the insatiable demand for AI infrastructure, Nvidia and Broadcom are not likely going to experience a slowdown in demand for their cutting-edge technologies anytime soon. AI should power the chip industry to record revenues in the coming years. Based on analysts' estimates, investors can expect Broadcom stock to double by 2030. Should you invest $1,000 in Nvidia right now? Before you buy stock in Nvidia, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Nvidia wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $671,477!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,010,880!* Now, it's worth noting Stock Advisor 's total average return is1,047% — a market-crushing outperformance compared to180%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 14, 2025


Winnipeg Free Press
an hour ago
- Winnipeg Free Press
Rogers contract cut impacts Manitobans
A recent Rogers decision to cut ties with an external customer service agency has impacted Manitoba workers. Neither Rogers Communications Inc. nor Foundever Group, the third-party customer service agency, would provide solid numbers. The change impacts 'a small percentage of our Canadian workforce,' a Foundever spokesperson wrote in a statement. The Luxembourg-based company employs 150,000 people globally, including Manitobans. Hundreds of Canadians have been affected by the loss of the Rogers contract, the Globe and Mail reported Friday. Manitoba staff represent a small portion of those affected, sources close to the case shared on the condition of anonymity. 'Our priority is ensuring a smooth transition for everyone impacted, including reassigning roles where possible,' Foundever's spokesperson wrote. Rogers will continue using an internal team and human third-party partners for customer service, spokesman Zac Carreiro wrote in a statement. Changes to the 'vendor mix' come as customers increasingly use digital tools and self-services, he added. — Free Press staff