AURORA MAKES MEX­ICO POT PACT

Windsor Star - - FP WINDSOR -

Aurora Cannabis says it will sup­ply med­i­cal pot to Mex­ico through a part­ner­ship with phar­ma­ceu­ti­cal man­u­fac­turer and dis­trib­u­tor Far­ma­cias Magis­trales. Far­ma­cias re­cently got the green light to im­port weed, which Aurora says is the first and only im­port li­cence granted by fed­eral Mex­i­can au­thor­i­ties to date. Aurora CEO Terry Booth says the ex­clu­sive part­ner­ship ex­pands the pot grower’s early mover ad­van­tage in Latin Amer­ica. The Ed­mon­ton-based pro­ducer says Far­ma­cias has a reach of roughly 80,000 re­tail points, and 500 phar­ma­cies and hospi­tals across Mex­ico. It adds that Far­ma­cias has also re­ceived li­cences from Mex­ico’s Fed­eral Com­mis­sion for Pro­tec­tion Against Health Risks to man­u­fac­ture and dis­trib­ute prod­ucts with CBD and THC. Shares of Aurora rose as much as 10 per cent to hit $7.82 in in­tra­day trad­ing on the Toronto Stock Ex­change.

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