Organigram and Aurora to Expand Geographic Reach

Organigram announces coast to coast supply deals while Aurora takes on Eastern Europe.

Photo by G. Crescoli on Unsplash

Aurora Cannabis to export to Poland

Aurora Cannabis Inc.(NYSE: ACB) (TSX: ACB) announced this morning the Polish Ministry of Health approved a medical cannabis shipment to Poland from.

First private supplier in Poland

Aurora Deutschland GmbH will ship cannabis products to a pain treatment center and hospital in Warsaw, Poland. Once shipped, Aurora Inc. will be the first private medical cannabis supplier in Poland.

According to Polish legislation, physicians may already prescribe medical cannabis, and government-produced pot is available in registered pharmacies. Moreover, some medical cannabis will be covered by the country’s public health insurance. As such, the news represents a significant new medical market for Aurora Inc.

“Becoming the first company to supply cannabis to Poland is a validation of Aurora’s ability to do business in international markets with high barriers to entry,” said Neil Belot, Chief Global Business Development Officer. “This is an important milestone for patient access in Poland, which will provide options for people seeking alternative medications to help manage symptoms of a wide range of medical conditions. Aurora continues to grow its international footprint, which now spans 19 countries on five continents, and puts us in an enviable position to capitalize on our early mover advantage.”

Building relationships to the East

Maximilian Weinberg, Head of Business Development, Aurora Europe, also said, “We are thrilled to have successfully navigated the complexities of the Polish regulatory framework, and are proud to become the first company to supply a Polish hospital with medical cannabis. Throughout this process, we’ve established strong relationships with medical professionals, state-owned wholesalers, and local foundations who have played an integral role in achieving this milestone.”

Aurora’s headquarters are in Edmonton, Alberta, Canada. The company has a funded capacity over 500,000 kilograms per year and sales and operations in 19 countries. Aurora’s operations span from facility engineering and design to cannabis genetics research, production, derivatives, value-add products, home cultivation, and retail distribution.

Organigram inks agreement with British Columbia

Another company set to expand its reach is Organigram Holdings Inc. (TSXV: OGI) (OTCQX: OGRMF).  The company announced a supply agreement with the Canadian Province of British Columbia (B.C.) this morning.

B.C.’s Liquor Distribution Branch (BCLDB) is the only wholesale distributor of recreational cannabis for the province. It will operate both bricks-and-mortar retail stores and online stores.
National footprint in Canada

“Organigram’s strategic vision has always been to establish a definitive national footprint,” says Greg Engel, Organigram’s Chief Executive Officer. “We are proud to realize that vision and offer Canadians from coast to coast access to our growing recreational product portfolio.”

Nationwide supplier

The addition of B.C. brings the company’s national Canadian supply footprint to 8 out of 10 provinces. Products it will bring to the westernmost province include their best-known brands The Edison Cannabis Company, Ankr Organics, Trailblazer and Trailer Park Buds.

The company’s central facility is in Moncton, New Brunswick which is in the Easternmost maritime region of Canada.

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