$ACB Aurora’s BC Northern Lights and $N Namaste Technologies Sign Supply Agreement

Aurora Cannabis Inc(TSX: ACB) (OTCQX: ACBFF) (Frankfurt: 21P; WKN: A1C4WM) – Aurora


Aurora Cannabis Inc. and Namaste Technologies Inc. are pleased to announce that Aurora’s wholly owned subsidiary BC Northern Lights and Namaste Technologies have signed a Hardware Supply Agreement whereby Namaste will be the first third-party distributor to sell BCNL’s premium home cultivation systems and accessories through its online technology platform.

Namaste will roll out same-day delivery service of select BCNL products to the Greater Toronto Area, as well as next day delivery in most other parts of Canada, to help meet the growth in demand for home gardening systems anticipated with the passing of the federal Cannabis Act to legalize adult consumer use, as well as continued rapid growth of the medical cannabis market.

Legislation announced by the Ontario Government foresees a provincial monopoly on cannabis sales upon introduction of adult consumer use, with only a limited number of stores servicing Canada’s most populous province. As the Act does allow for up to four cannabis plants per household, it is anticipated that home gardening will become an increasing segment of the market. This creates an opportunity that BCNL, with its gold standard products and strong brand recognition, is exceptionally well positioned to capitalize on.

The Agreement is expected to accelerate BCNL product sales and create a new revenue channel for Namaste by leveraging its existing traffic, distribution network, and e-commerce platform, and is aligned with Namaste’s intention to offer the most extensive range of high-quality ancillary products in the cannabis industry. The distributorship of BCNL products follows on an earlier agreement between the two companies, as announced on September 28, 2017, through which Aurora, through its website, is offering a specially curated selection of industry-leading, Namaste-sourced vaporizers to its registered patient base, utilizing Namaste’s technology platform and delivery infrastructure.

“Aurora and our growing constellation of top-notch subsidiaries have become partners of choice in this sector, at home and around the world, and that’s extremely gratifying. It speaks to the power of the Aurora Standard in terms of product quality and customer care, to the trust we inspire in our partners, and to our ability to execute fast and well. We love bringing great companies together, and we’re delighted that Namaste is now helping us bring BCNL’s excellent, efficient and elegant cultivation products to an even broader audience of customers.”

Terry Booth, CEO of Aurora Cannabis Inc.