Aurora Continues Deep Commitment to Veterans Through Strains for Heroes Initiative
Rhea-AI Summary
Aurora Cannabis (NASDAQ: ACB) has reaffirmed its commitment to veterans through its Strains for Heroes initiative. The company donates 5% of net profits from Strains for Heroes products to veteran organizations annually, capped at C$200,000.
The program, launched in 2022, has developed five purpose-grown cannabis strains named by veterans: Valour, Courage, Honour, Esprit De Corps, and United Victory. Aurora collaborates with veteran communities to create custom strains based on their specific preferences and needs.
The company partners with various veteran organizations including Highway for Heroes, Post Traumatic Growth Association, and True Patriot Love, providing community outreach and charitable support.
Positive
- Donates 5% of net profits from Strains for Heroes products to veteran organizations (up to C$200,000 annually)
- Successfully developed 5 veteran-informed cannabis strains since 2022
- Maintains partnerships with multiple veteran-focused organizations
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, ACB declined 0.22%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
The veteran-informed product line reinforces the company's patient-first approach
NASDAQ | TSX: ACB
"For the third consecutive year, we are honoured to stand alongside the veteran community, not just in compassion, but in action," says Geoff Hoover, SVP of Commercial Canada at Aurora. "Our commitment is embedded in how we listen, collaborate, and innovate with veterans to develop high-quality medical cannabis products that truly serve their needs. Their resilience inspires our mission, and their voices shape our products. Supporting those who've served our country is a responsibility we carry with pride."
Insights gained from veterans participating in the program help guide the company in crafting custom cannabis strains, focusing on attributes such as aroma, appearance, and effects that matter most to veteran patients. Since its launch in 2022, there have been five purpose-grown strains developed within the Strains for Heroes lineup, and named by veterans, including, Valour, Courage, Honour, Esprit De Corps and United Victory.
Aurora is proud to support a growing number of veteran-focused organizations, by participating in community outreach, making charitable donations and amplifying their voices. Some partners include, Highway for Heroes, Post Traumatic Growth Association, Quilts of Valour Canada, Rainbow Veterans of
For more information about the Strains for Heroes product offerings and Aurora's veteran program, visit AuroraMedical.com.
About Aurora Cannabis Inc.
Aurora is opening the world to cannabis, serving both the medical and consumer markets across
Aurora's common shares trade on the NASDAQ and TSX under the symbol "ACB".
Forward Looking Information
This news release includes statements containing certain "forward-looking information" within the meaning of applicable securities law ("forward-looking statements"). Forward-looking statements are frequently characterized by words such as "plan", "continue", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements made in this news release include, but are not limited to, statements regarding the Company's Strains for Heroes initiative and support for veterans and veteran-focused organizations.
These forward-looking statements are only predictions. Forward looking information or statements contained in this news release have been developed based on assumptions management considers to be reasonable. Material factors or assumptions involved in developing forward-looking statements include, without limitation, publicly available information from governmental sources as well as from market research and industry analysis and on assumptions based on data and knowledge of this industry which the Company believes to be reasonable. Forward-looking statements are subject to a variety of risks, uncertainties and other factors that management believes to be relevant and reasonable in the circumstances could cause actual events, results, level of activity, performance, prospects, opportunities or achievements to differ materially from those projected in the forward-looking statements. These risks include, but are not limited to, the magnitude and duration of potential new or increased tariffs imposed on goods imported from
View original content to download multimedia:https://www.prnewswire.com/news-releases/aurora-continues-deep-commitment-to-veterans-through-strains-for-heroes-initiative-302506072.html
SOURCE Aurora Cannabis Inc.