Aurora Cannabis (ACB) Launches Cannabis Oil Product in Germany; Stock Rises 2%

Aurora Cannabis (ACB) announced that it has commenced sales of cannabis oils to German pharmacies following receipt of all necessary approvals from the Canadian and German regulatory authorities. Pedanios 5/1 drops have become the first extract derived oil product compliant with the German monograph for in-pharmacy preparation. In reaction to the news, ACB stock is up nearly 2% to $7.89 in pre-market trading Monday. Aurora is the medical cannabis market leader in Germany. The Company has supplied the German market with dried cannabis flower via Aurora Deutschland (formerly Pedanios) since December 2015, and with Canadian-grown Aurora products since September 2017. Aurora has established[…]

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National Access Cannabis Ring Up Over $57 Billion in Retail Cannabis Sales

NAC has achieved over $20 million in retail cannabis sales since federal legalization on October 17, 2018. The Company has 23 operational retail cannabis locations in Alberta and Manitoba, as well as an additional five locations throughout Manitoba planned for opening by the end of Q2 2019, and a planned expansion to Saskatchewan. With 23 stores in Alberta and Manitoba, the Company is the largest private cannabis retailer in Canada, according to provincial licensing statistics. National Access Cannabis (NAC) (TSXV:META) provided investors with a corporate and retail sales update. The Company previously reported achieving $10.18 million in cumulative sales in just over 80 days of retail operation. The Company is successfully executing on its growth[…]

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