Licensed marijuana producer Aurora Cannabis Inc. says it is "more than ready" for the legalization of recreational pot next month, with enough supply to meet all its commitments to provinces and territories. Aurora's chief corporate officer Cam Battley also says the cannabis firm doesn't expect to need supply agreements with other licensed producers to bridge inventory gaps. The cannabis company's comments during a conference call today to discuss its latest quarterly earnings come as Canada prepares to legalize cannabis for adult use on Oct. 17. Aurora has signed marijuana supply deals with several government entities that handle cannabis sales for the jurisdiction, including in Ontario, British Columbia and Quebec. Aurora anticipates that by the end of the 2018 calendar year it will have a production run rate of 150,000 kilograms per annum.

Source: CBC News September 25, 2018 17:03 UTC