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  • Post Time Posted June 07, 2018

Aurora Cannabis Inc., one of Canada’s largest marijuana producers, has purchased a 19.99 % stake in Montreal softgel manufacturer Capcium for $10 million.

The two will join to immediately establish a high-volume softgel manufacturing operation at Aurora Vie, Aurora’s cannabis production plant in Pointe-Claire Quebec. Subject Health Canada’s approval sales of soft gels from this location are anticipated to begin at the end of summer 2018.

The agreement will also make Capcium the exclusive manufacturer of Aurora’s North American Softgel products.

Source: http://news.morningstar.com/all/canada-news-wire/20180607C6598/aurora-cannabis-enters-into-global-softgel-business-with-capcium-inc.aspx

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