Aurora Cannabis Inc

Company Overview

Aurora is one of more than 50 Licensed Producers with the highest, approved, square footage production capacity in Canada. Aurora is exceptionally well positioned to capitalise on the global cannabis opportunity (which according to VIII Capital is expected to be north of $100bn in 10 years’ time).

It is also one of three located in Alberta – which is also of significance. Located in rural Alberta means there is no cost for the fresh mountain-fed water used in the facility, and operations take place under the lowest corporate tax rates and power rates in the Canada. There is also an abundance of Alberta farm credit programs available to Aurora and a number of Albertan Innovation programs.

With over 23,000 registered patients, over $11m in revenue, and the largest revenue producer in Germany, its focussed strategy is aimed at capitalising on vertical and horizontal integration both domestically and internationally.

A vertically integrated giant, it currently sits as one of the top 3 companies primed to take advantage of the global cannabis opportunity.

Management Overview

Terry Booth – CEO & Founder

Terry founded Aurora in 2013 when Health Canada announced the creation of the new MMPR program. Investing $2.5 million of his own capital in start-up funding Terry secured a 100 + acre parcel of land and began designing and building Aurora’s state of the art marijuana cultivation facility in Canada.

Terry was instrumental in submitting and obtaining a Health Canada License to Produce Medical Marijuana for Aurora. Terry oversee’s the corporate strategy of the company including operations, sales, patient acquisition, doctor education programs, genetics development, regulatory affairs, facility expansion as well as the daily requirements of communicating with local and foreign capital markets and

Steve Dobler, P. Eng – President

Steve Dobler began his distinguished career in 1990 upon obtaining his Professional Engineering designation from the University of Alberta. Steve has held numerous executive positions in successful private and public Canadian companies over the past 25 years where he was responsible for the implementation of project management, strategies, and overseeing all facets of various operations.

Currently serving as President for Alberta’s largest safety codes permitting company, his focus is on customers, innovation, and improved operational efficiencies which directly led to significant company growth. In 2011, the company was included in the top 50 of Canada’s fastest growing companies.

Allan Cleiren – COO

Mr. Cleiren has nearly three decades of leadership experience in finance and operations management with both privately and publicly held companies in the life sciences, insurance, rail, construction, oil and gas service, and other sectors..

Most recently, Mr. Cleiren was COO with Jardine Lloyd Thompson Canada Inc. (JLT), one of the world’s leading providers of insurance, reinsurance and employee benefits related advice, brokerage and associated services.

Prior to joining JLT, he served as Executive Vice President and formerly CFO for Universal Rail Systems Inc, and as Senior Vice President of Operations and CFO for Afexa Life Sciences.

Company Analysis

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