Aurora starts ‘regular’ shipments of medical marijuana to Germany

Aurora Cannabis sent its first shipment of medical marijuana to Germany, a market with so much growth potential that Canadian licensed producers have been racing to gain a toehold there.

Monday’s shipment of 50 kilograms (110 pounds) of dried cannabis to Berlin-based Pedanios represents “a critical step” in Aurora’s international expansion strategy and provides a gateway to the wider EU market, the company said in a news release.

Pedanios, a wholly owned subsidiary of Alberta-based Aurora (TSX Exchange: ACB), will distribute the product through its network of more than 1,500 pharmacies across Germany.

Aurora joins a growing list of Canadian licensed producers who have their sights set on the German MMJ market, including British Columbia-based Tilray, Ontario-based Canopy Growth and Toronto-based Cronos Group.

Germany is the first country to cover the cost of medical cannabis through its national health system.

The country is currently experiencing a supply shortage, according to Aurora. And until Germany’s domestic production is capable of meeting local demand, the market will be served by imports.

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