Aurora Cannabis To Launch Cogent International's New CBD Lozenge On Its Medical Marijuana Patient Platform
Portfolio Pulse from Nina Zdinjak
Aurora Cannabis Inc. (NASDAQ:ACB) has partnered with Cogent International Manufacturing Ltd. to launch a new CBD lozenge on Aurora's Canadian medical marijuana patient platform. This collaboration aims to leverage patient feedback and real-world data for future product validation and analysis. The initial term of the agreement is 24 months, with the first product launch expected in late 2024. Aurora's shares traded 0.81% higher at $6.20 following the announcement.
August 01, 2024 | 5:26 pm
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Aurora Cannabis Inc. has partnered with Cogent International to launch a new CBD lozenge on its Canadian medical marijuana platform. This collaboration aims to leverage patient feedback and real-world data for future product validation and analysis. Aurora's shares traded 0.81% higher at $6.20 following the announcement.
The partnership with Cogent International to launch a new CBD lozenge on Aurora's platform is a strategic move that could enhance Aurora's product offerings and market position. The positive market reaction, with shares trading 0.81% higher, indicates investor confidence in the potential benefits of this collaboration.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100