Aurora Cannabis Taps Brazilian Company Herbarium to Expand CBD Portfolio into Brazil
Portfolio Pulse from Benzinga Newsdesk
Aurora Cannabis Inc. (NASDAQ:ACB) has announced a partnership with Brazilian company Herbarium to expand its hemp-derived CBD portfolio into Brazil. The company will launch its full-spectrum, single-source 3% CBD oil under the Herbarium brand, making it available to patients across Brazil under the direction of medical doctors.
September 06, 2023 | 11:51 am
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Aurora Cannabis's partnership with Herbarium to expand its CBD portfolio into Brazil could potentially increase the company's market share and revenues.
The partnership with Herbarium allows Aurora Cannabis to tap into the Brazilian market, which could potentially increase its customer base and revenues. The launch of its 3% CBD oil under the Herbarium brand also expands its product offerings, which could attract more customers and drive sales.
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