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Aurora Cannabis VP of Investor Relations Says They’re Scaling Rapidly to Meet Demand

Marc Lakmaaker discusses how Aurora Cannabis is ramping up its infrastructure...

Steven Lachard by Steven Lachard
May 14, 2019
in Alberta, Business, Canada, Europe, Executives, Germany, Investments, Luxembourg, Marijuana Stocks, Video
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In this recent video interview from the 2019 Benzinga Cannabis Capital Conference that was held in Toronto, Aurora Cannabis Inc. (TSX:ACB) (NYSE:ACB) Vice President of Investor Relations, Marc Lakmaaker sat down with Benzinga Staff Writer Andrew Ward to discuss developments in the rapidly growing marijuana industry and how Aurora is staying ahead of the curve to meet the market’s needs.

“What we’re dealing with is a completely new industry that is built from scratch,” noted Lakmaaker. “We very rapidly saw this is a global market.”

With construction underway at the planned 1.62 million square foot Aurora Sun facility in Medicine Hat, Alberta, as well as the 300,000 square foot Aurora Polaris facility adjacent to its Aurora’s Sky facility at the Edmonton International Airport, the company is quickly adding Canadian production capacity.

Beyond Canada, Aurora Cannabis has also been making moves abroad in Germany, Luxembourg, and more. Their global positioning is largely due to an early mover advantage. Lakmaaker mentions that Aurora “started looking at the global market very early…we’ve got facilities across the globe.”

Be sure to subscribe to Aurora Cannabis Updates here and subscribe to Marijuana Stock Updates here so you never miss an important development. 

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Tags: Aurora Cannabis Inc.Aurora PolarisAurora SkyAurora Sunlicensed producerMarc LakmaakerNYSE:ACBTSX:ACB

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Steven Lachard

Steven Lachard

Steven Lachard is a staff writer for MJobserver.com with a particular focus on marijuana stocks. Beyond MJobserver.com, Steven's pot stock insights have been featured on TalkMarkets.com and more.

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