January 4, 2018 / 12:56 PM / a year ago

Aurora Cannabis teams up with Danish tomato producer to sell pot in Europe

An ashtray with a cannabis cigarette in a coffee shop in Amsterdam October 6, 2011. Coffee shops in the Netherlands were left wondering on Saturday how to comply with restrictions announced by the Dutch government on the sale of "strong" cannabis, saying enforcement would be difficult given the laws on production. The coalition government said it would seek to ban what it considered to be highly potent forms of cannabis, "skunk", placing them in the same category as hard drugs such as heroin or cocaine. Picture taken October 6, 2011. To match story DUTCH-CANNABIS/ REUTERS/Toussaint Kluiters (NETHERLANDS - Tags: CRIME LAW DRUGS SOCIETY POLITICS)

(Reuters) - Canadian marijuana company Aurora Cannabis Inc (ACB.TO) on Thursday decided to partner with Danish tomato and pepper producer Alfred Pedersen & Son to produce and sell cannabis in Europe.

Aurora’s growth plan comes at a time when Canada is set to legalize the sale of recreational marijuana by July, becoming the second country in the world to do so after Uruguay.

Tomato and pepper - often grown in greenhouses - are the most common choices to convert to weed as they have similar growth requirements.

The joint venture, which is majority owned by Aurora Cannabis, will focus on selling cannabis in Denmark, Sweden, Norway, Finland and Iceland, through Aurora’s German unit.

The newly formed company, Aurora Nordic Cannabis A/S, will set up a production facility, which can produce up to 120,000 kg of cannabis per year, Aurora said.

Aurora’s partner received its license to cultivate cannabis from Denmark’s Medicines Agency on January 1.

Reporting by John Benny in Bengaluru; Editing by Arun Koyyur

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below