Aurora's CBD Oil Approved As Medical Marijuana Product In Ireland
Take Stock Of The Week Ahead

Get all the latest Share Market trends and news to set you up for the week ahead.

Aurora Cannabis Inc. ACB announced Monday that one of its oil products has obtained approval for use under Ireland’s new Medical Cannabis Access Programme.

The company’s high CBD Oil Drops have been added to a regulatory schedule by the Irish Minister of Health, allowing the importation and prescribing of the oil.

It's one of two products to receive such an approval, Aurora said.

Ireland’s Medical Cannabis Access Programme allows for a consultant to prescribe medical cannabis to patients suffering from spasticity related to multiple sclerosis, difficult nausea and vomiting connected to chemotherapy and severe refractory epilepsy.

The program was approved in June by Irish Minister of Health Simon Harris and is set to last for five years. 

"Aurora is pleased to be able to assist patients who are seeking treatment with high quality EU-GMP (good manufacturing practice) certified pharmaceutical-grade medical cannabis in Ireland,” Dr. Shane Morris, Aurora's chief product officer, said in a statement.

“We are very proud to be one of the first approved suppliers of medical cannabis under the MCAP.  We want to acknowledge the efforts made by many people, especially the patients and doctors who have campaigned for access to these medicines."

The stock was trading 1% higher at $2.52 after the open Monday. 

Related Links:

Aurora Cannabis Analyst Says Company Poised To Outperform Canadian Peers

The Week In Cannabis: A Federal Legalization Bill, Earnings Reports And A Tax Hike In California

Comments
Loading...

Cannabis is evolving—don’t get left behind!

Curious about what’s next for the industry and how to stay ahead in today’s competitive market?

Join top executives, investors, and industry leaders at the Benzinga Cannabis Capital Conference in Chicago on June 9-10. Dive deep into market-shaping strategies, investment trends, and brand-building insights that will define the future of cannabis.

Secure your spot now before prices go up—this is where the biggest deals and connections happen!

Get your tickets today!