Why Aurora's Expansion is Significant to the Cannabis Industry

If anything’s certain, the cannabis industry has soared to new highs in 2016, and it’s only going to grow from here on out. 
Take, for example, Aurora Cannabis (TSXV:ACB), who announced at the end of November that it had begun construction on an 800,000 square foot expansion, called “Aurora Sky.”  Construction of the the facility started in October of this year, and is targeted for completion by October of 2017.  Once completed, it is expected to be the largest cannabis production facility in the world.
Not only that, the press release notes it will be fully capable of producing at least 100,000 kilograms of high quality–and low cost–cannabis per year. With the number of medical marijuana patients growing, and legalization of cannabis forthcoming in 2017, Aurora’s new facility will no doubt make a huge impact on the industry.
Aurora’s president, Steve Dobler, said in the announcement its “objectives are very clear: to build the largest production capacity, with the highest production quality and the lowest production cost.” He continued, “We are confident that the Aurora Sky project will achieve all of our key objectives, and further establish Aurora as an innovator and world leader in the cannabis sector.”
To that end, the Investing News Network (INN) recently had the chance to speak with Aurora’s vice president, Cam Battley about how the facility will set Aurora apart from others, why they chose Dutch design for the expansion, and what legalization of marijuana means for the company moving forward.
Below is a transcript of our conversation. It has been edited for clarity and brevity. Read on to find out what Battley had to say.