By combining with Aurora, CanniMed will be able... to leverage certain of Aurora's strengths to expand its business.
~The combined company will have an expanded geographic footprint, increased production capacity, an expanded product portfolio and other synergistic benefits, such as:
~Increased Oil Production. High throughput oil production through Aurora's strategic extraction partner, Radient Technologies Inc., to satisfy growing international demand;
~CanvasRx. Aurora's wholly owned subsidiary, CanvasRx Inc., is the industry leading physician education and patient counselling services company, having helped over 35,000 patients register with licensed producers;
~Accelerated Growth Through Innovation. CanniMed will be able to leverage Aurora's sector leadership in execution, technology integration and innovation for the purpose of accelerating development and growth potential;
~eCommerce. CanniMed will have access to Aurora's e-commerce platform, including the only mobile app in Canada that enables customer purchases;
~Same Day Delivery. CanniMed will have access to Aurora's same-day delivery capabilities; and Strong Cash Position and Balance Sheet to Support Additional Growth. Aurora`s sector-leading cash position and balance sheet will enable faster roll-out of initiatives for CanniMed to accelerate growth.