#Cannabis Stock News: Aurora (TSX-V: $ACB.V) (OTCQX: $ACBFF) and WeedMD (TSX-V: $WMD.V) Announce Strategic Agreement
Arrangement to Provide Additional Product Supply to Aurora, Growth Acceleration for WeedMD
VANCOUVER, B.C. and TORONTO, Ontario - June 28, 2017 (Investorideas.com Newswire) Aurora Cannabis Inc. (the "Company" or "Aurora") (TSX-V:ACB) (OTCQX:ACBFF) (Frankfurt:21P; WKN:A1C4WM) and WeedMD Inc. ("WeedMD") (TSX-V:WMD) are pleased to announce that the companies have entered into a strategic relationship whereby WeedMD will provide wholesale dried medical cannabis to Aurora, and Aurora will provide best in class patient education services for WeedMD through its cannabis counselling and outreach unit CanvasRx.
WeedMD's commitment under the agreement is to wholesale product to Aurora for demand above and beyond WeedMD's own patient requirements. Pursuant to the agreement, WeedMD has made an initial sale to Aurora out of inventoried product, while ensuring that its retained supply is such that current and future patient needs can be met.
Aurora, in turn, will assist WeedMD with its patient education and outreach program through the Company's CanvasRx unit. This makes available to WeedMD expert knowledge and experience in patient counselling, outreach and interaction, accelerating WeedMD's ability to engage with its growing customer base.
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