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Why Aurora Cannabis Was in the News Yesterday

Adam Jones
Updated
Why Aurora Cannabis Was in the News Yesterday

On December 10, Aurora Cannabis (ACB) (ACBFF) was in the news for its intention to acquire Mexican-based Farmacias Magistrales. Farmacias Magistrales is the first Mexican entity to become a federally licensed importer, distributor, and producer of cannabis containing psychoactive properties, THC, in Mexico. As a result of the license, Farmacias Magistrales will be able to manufacture and store THC-based cannabis, which is usually used for recreational purposes.

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