Aurora Cannabis reaffirms FY27 Q2 growth outlook

Aurora Cannabis emphasizes global medical cannabis growth, an accretive Safari Flower acquisition, and reaffirmed FY27 Q2 guidance backed by cash and no debt.

Rhea-AI Filing Summary

Aurora Cannabis Inc. (ACB) reports a strategic business update centered on its global medical cannabis focus, highlighting the expected benefits of its accretive acquisition of Safari Flower Company and strong performance in key high-margin international markets such as Germany, Poland, the UK, Australia and New Zealand. Management states that the Safari acquisition adds critical EU-GMP certified capacity and, together with recent UK acquisitions, is expected to support reliable supply to meet growing patient demand in an estimated $9 billion global medical cannabis market.

Aurora reaffirms fiscal 2027 Q2 guidance for sequential growth in quarterly net revenue and adjusted EBITDA, reflecting its strategy to focus exclusively on global medical cannabis. The company cites a strong balance sheet with $149 million in cash as of June 30, 2026 and no debt, and notes its at-the-market equity program will only be used when the board determines it is in the company’s best interest.

Positive

• Reaffirmed FY27 Q2 guidance for sequential growth in quarterly net revenue and adjusted EBITDA supports management’s confidence in the medical cannabis-focused strategy.
• The accretive acquisition of Safari Flower Company is expected to add EU-GMP capacity and support expansion in an estimated $9 billion global medical cannabis market.
• Aurora highlights a strong balance sheet with $149 million in cash as of June 30, 2026 and no debt, providing financial flexibility to invest in international growth.

Negative

• None.

Key Figures

Cash balance: $149 million Global medical cannabis market size: $9 billion Debt: 0 +2 more

5 metrics

Cash balance $149 million Cash, restricted cash, short-term investments and cash equivalents as of June 30, 2026

Global medical cannabis market size $9 billion Estimated size of the global medical cannabis market cited by Aurora

Debt 0 Company states it has no debt as of the update

Guidance metric Sequential growth in net revenue Reaffirmed outlook for fiscal 2027 Q2

Guidance metric Sequential growth in adjusted EBITDA Reaffirmed outlook for fiscal 2027 Q2

Key Terms

EU-GMP certified, adjusted EBITDA, at-the-market program, Non-GAAP financial measures, +2 more

6 terms

EU-GMP certified regulatory

"one of the world's largest indoor EU-GMP certified producers"

A EU-GMP certified facility has been inspected and approved under the European Union’s Good Manufacturing Practice rules, which ensure medicines and related products are made consistently to required quality and safety standards. Think of it like a restaurant passing a strict health inspection for every dish. For investors, the certification lowers regulatory and product-risk, helps secure access to EU markets, and signals reliable production and supply chains.

adjusted EBITDA financial

"guidance for sequential growth in quarterly net revenue and adjusted EBITDA"

Adjusted EBITDA is a way companies measure how much money they make from their core operations, like running a business, by removing certain costs or income that aren’t part of regular business activities. It helps investors see how well a company is doing without distractions from unusual expenses or gains, making it easier to compare companies or track performance over time.

at-the-market program financial

"noting that the ATM program will only be used when the Board"

An at-the-market program is a way for a company to sell new shares of its stock gradually over time directly into the stock market, rather than all at once. This approach allows the company to raise money as needed while giving investors the opportunity to buy shares at current market prices. It helps manage the timing and price of new stock offerings, providing flexibility for both the company and investors.

Non-GAAP financial measures financial

"includes certain non-GAAP financial measures, which are intended to supplement"

Non-GAAP financial measures are numbers companies use to show their financial performance that exclude certain expenses or income. They help investors see how the company might perform without one-time costs or other unusual items, giving a different perspective from official reports. However, since they can be adjusted, they don’t always tell the full story and should be looked at alongside standard financial figures.

forward-looking statements regulatory

"This news release includes statements containing certain forward-looking information"

Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

medical cannabis medical

"global medical cannabis markets where Aurora has earned a stellar reputation"

Medical cannabis is the use of cannabis plant extracts or compounds such as THC and CBD as prescribed or recommended to treat symptoms or medical conditions. Think of it as a plant-based medicine that can relieve pain, nausea, muscle spasms or other symptoms where conventional drugs may not work; for investors it matters because legal status, clinical evidence, supply rules and insurance coverage determine market size, licensing value and revenue potential.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the main business focus Aurora Cannabis (ACB) highlights in this 6-K?

Aurora Cannabis emphasizes an exclusive focus on global medical cannabis, leveraging EU-GMP certified production and leading market positions in Canada, Europe, Australia and New Zealand to drive growth in what it cites as an estimated $9 billion global medical cannabis market.

What guidance does Aurora Cannabis (ACB) reaffirm for fiscal 2027 Q2?

Aurora reaffirms fiscal 2027 Q2 guidance for sequential growth in quarterly net revenue and adjusted EBITDA. This outlook is tied to its strategic shift to focus exclusively on global medical cannabis and continued strong performance in high margin international markets.

How does the Safari Flower Company acquisition affect Aurora Cannabis (ACB)?

Aurora describes the Safari Flower Company acquisition as accretive and says it adds critical EU-GMP capacity. Combined with its internal supply network and recent UK acquisitions, this is expected to support consistent availability of high-quality medical cannabis to meet growing patient demand.

What is Aurora Cannabis’s (ACB) cash position and debt level?

Aurora reports a strong balance sheet with $149 million in cash as of June 30, 2026 and no debt. Cash includes cash, restricted cash, short-term investments and cash equivalents as defined in its financial statements filed August 5, 2026.

How does Aurora Cannabis (ACB) plan to use its at-the-market (ATM) equity program?

Aurora states that its ATM program will only be used when the board determines it is in the best interest of the company. The update does not announce a specific drawdown, but positions the ATM as a flexible capital tool if needed.

Which international markets are driving Aurora Cannabis’s (ACB) growth outlook?

Aurora points to continued strong performance in high margin international markets, specifically mentioning Germany, Poland, and further expansion in the UK, along with medical markets in Australia and New Zealand, as key contributors to profitable international growth.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/16/2026 - 07:24 AM Accepted by SEC EDGAR 09/16/2026 - 07:24 AM Learn about SEC filing dates

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of September 2026

Commission File No. 001-38691

AURORA CANNABIS INC. (Translation of registrant's name into English)

2207 90B St. SW
Edmonton, Alberta T6X 1V8
Canada
(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F

Form 20-F  ☐ Form 40-F  ☒

SUBMITTED HEREWITH

Exhibits		Description
99.1		News release dated September 16, 2026

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

AURORA CANNABIS INC.

/s/ Miguel Martin

Miguel Martin
Chief Executive Officer

Date: September 16, 2026

Exhibit 99.1 

 

Aurora Cannabis Provides Business Update; Accretive Acquisition of Safari Flower Company and Leading European Performance Expected to Fuel International Growth in the Fiscal Second Quarter 2027 and Beyond

NASDAQ| TSX: ACB

• Re-affirms FY27 Q2 guidance for sequential growth in quarterly net revenue and adjusted EBITDA¹

• Following the receipt of EU-GMP certification in July, Safari Flower Company is expected to contribute incremental net revenue and adjusted EBITDA¹ 

• Continued strong performance in Germany and Poland, contributing to profitable international growth expectations and leadership positions in the two largest EU markets, including #1 market share by revenue in Poland

• UK market expansion underway, with recently announced acquisition of Internode Pharma and HAP Pharma Limited expected to support further market share growth

EDMONTON, AB, Sept. 16, 2026 /CNW/ - Aurora Cannabis Inc. ("Aurora" or the "Company") (TSX: ACB) (NASDAQ: ACB), the leading Canadian-based global medical cannabis company, today provided a business update, highlighting the expected additional benefits of the Safari Flower Company acquisition, continued strong performance in key high margin international markets, and reaffirmed its fiscal year 2027 Q2 guidance.

 

Sept 16th Business Update

"We remain focused and confident in executing our global growth strategy that at its core leverages our leadership position as one of the world's largest indoor EU-GMP certified producers and are excited by the continued momentum we are generating in key international markets," said Miguel Martin, Executive Chairman and CEO of Aurora.

"We are building real value in global medical cannabis markets where Aurora has earned a stellar reputation by investing in infrastructure, scientific excellence, and regulatory expertise to maximize opportunities in the industry's most attractive, durable and profitable segment. Our leading market share in Canada, Europe, Australia and New Zealand clearly demonstrates that Aurora's high-quality medical cannabis products are a preferred choice for physicians and patients alike. We are also ready and able to export to other countries, as regulatory environments continue to open," added Mr. Martin.

"The accretive acquisition of Safari Flower Company is adding critical EU-GMP capacity and together with our established internal supply network, and the recent acquisitions in the UK, we have built a consistent and reliable availability of high-quality medical cannabis products to meet growing patient demand in the estimated $9 billion market for global medical cannabis," concluded Mr. Martin.

Aurora reaffirms its fiscal year 2027 Q2 guidance for sequential growth in quarterly net revenue and adjusted EBITDA¹. This outlook reflects the strategic steps taken to focus exclusively on global medical cannabis. Aurora's growth is further supported by a strong balance sheet with $149 million in cash² as of June 30, 2026, and no debt, noting that the ATM program will only be used when the Board determines it is in the best interest of the Company to do so. Aurora will continue to invest over the next several quarters in its international business to support growth in key markets and position the Company to create greater shareholder value.

_________________________________________

¹ Note this press release includes certain non-GAAP financial measures, which are intended to supplement, not substitute for, comparable GAAP financial measures. These measures are not standardized financial measures under the financial reporting framework used to prepare Aurora's financial statements and might not be comparable to similar financial measures disclosed by other issuers. These terms and the reconciliations to the most comparable GAAP measures are defined in the "Cautionary Statement Regarding Certain Non-GAAP Performance Measures" section of the FY27 Q1 MD&A, filed August 5, 2026, which can be found on Sedar+, EDGAR and Aurora's website.

² "Cash" refers to cash, restricted cash. short term investments and cash equivalents as of June 30, 2026, as filed in our financial statements on August 5,2026 which can be found on Sedar+, EDGAR and Aurora's website.

About Aurora Cannabis

Aurora is a global leader in medical cannabis, dedicated to improving lives through scientific expertise, proven performance, and a deep commitment to patient care. Aurora serves medical markets across Canada, Europe, Australia, and New Zealand with a portfolio of trusted, leading brands including Aurora®, MedReleaf®, Pedanios®, IndiMed™, San Raf®, and Whistler Medical Marijuana Corporation®. With world-class GMP-certified manufacturing facilities in Canada and Germany, and a team of industry-leading professionals, Aurora continues to expand its global footprint and deliver consistent, high-quality cannabis products with the purpose of Opening the World to Cannabis™. 

Learn more at www.auroramj.com and follow us on X and LinkedIn.

Aurora's common shares trade on the NASDAQ and TSX under the symbol "ACB".

Forward Looking Statements

This news release includes statements containing certain "forward-looking information" within the meaning of applicable securities laws ("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 expectations for the Company's FY27 Q2 results, including but not limited to, expectations for sequential growth in quarterly net revenue and adjusted EBITDA¹; expected continued benefits of the Safari Flower Company acquisition, including the contribution of incremental net revenue and adjusted EBITDA¹; expectations for continued strong performance in key high margin international markets, including Germany and Poland contributing to profitable international growth; expectations for further market expansion in the UK, including expected benefits of the acquisitions of Internode Pharma and HAP Pharma Limited to support further market share growth; the Company's continued leading market share in Canada, Europe, Australia and New Zealand; the Company's ability to export to other countries, as regulatory environments continue to open; the Company's increased internal capacity expansion plans; patient demand and size of the global medical cannabis market; and statements regarding the Company's continued investment over the next few quarters in its international business to support growth in key markets and to position itself to create greater shareholder value.

 These forward-looking statements are only predictions. Forward-looking information or statements contained in this news release have been developed based on the Company and its management's good faith assumptions relating to the financial, market, regulatory and other relevant environments that will exist and affect the Company's business and operations in the future. Forward-looking information and statements are not a guarantee of future performance and are based upon a number of estimates and assumptions of management at the date the statements are made including, among other things, assumptions about: development costs remaining consistent with budgets; the ability to manage anticipated and unanticipated costs; access to favorable equity and debt capital markets; the ability to raise sufficient capital to advance the business of the Company; favorable operating and economic conditions; political and regulatory stability; obtaining and maintaining all required licenses and permits; receipt of governmental approvals and permits; sustained labour stability; stability in financial and capital goods markets; favorable production levels and costs from the Company's operations; the pricing of various cannabis products; the level of demand for cannabis products; the availability of third-party service providers and other inputs for the Company's operations; and the Company's ability to conduct operations in a safe, efficient, and effective manner. The Company does not give any assurance that the assumptions on which forward-looking information or statements are based will prove to be correct, or that the Company's business or operations will not be affected in any material manner by these or other factors not foreseen or foreseeable by the Company or management or beyond the Company's control. Such forward-looking statements are estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. These risks include, but are not limited to, the ability to retain key personnel, the ability to continue investing in infrastructure to support growth, the ability to obtain financing on acceptable terms, the continued quality of our products, customer experience and retention, the development of third party government and non-government consumer sales channels, management's estimates of consumer demand in Canada and in jurisdictions where the Company exports, expectations of future results and expenses, the availability of additional capital to complete construction projects and facilities improvements, the risk of successful integration of acquired business and operations, management's estimation that SG&A will grow only in proportion to revenue growth, the ability to expand and maintain distribution capabilities, the impact of competition, the general impact of financial market conditions, the yield from cannabis growing operations, product demand, changes in prices of required commodities, competition, and the possibility for changes in laws, rules, and regulations in the industry, epidemics, pandemics or other public health crisis, and other risks as set out under the heading "Risk Factors" in the Company's annual information form dated June 10, 2026 (the "AIF") and filed with Canadian securities regulators available on the Company's issuer profile on SEDAR+ at www.sedarplus.com and filed with and available on the SEC's website at www.sec.gov. The Company cautions that the list of risks, uncertainties and other factors described in the AIF is not exhaustive and other factors could also adversely affect its results. Readers are urged to consider the risks, uncertainties and assumptions carefully in evaluating the forward-looking statements and are cautioned not to place undue reliance on such information. The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities laws.

Non-GAAP Measures

This news release contains reference to certain financial performance measures that are not recognized or defined under IFRS (termed "Non-GAAP Measures"). As a result, this data may not be comparable to data presented by other licensed producers of cannabis and cannabis companies. Non-GAAP Measures should be considered together with other data prepared in accordance with IFRS to enable investors to evaluate the Company's operating results, underlying performance and prospects in a manner similar to Aurora's management. Accordingly, these non-GAAP Measures are intended to provide additional information and to assist management and investors in assessing financial performance and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with IFRS. The information included under the heading "Cautionary Statement Regarding Certain Non-GAAP Performance Measures" in the FY27 Q1 MD&A is incorporated by reference into this news release. The MD&A is available on the Company's issuer profiles on SEDAR+ at www.sedarplus.com and on the U.S. Securities and Exchange Commission's (the "SEC") EDGAR website at www.sec.gov.

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SOURCE Aurora Cannabis Inc.

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/September2026/16/c6943.html

%CIK: 0001683541

For further information: For Media: Michelle Lefler, VP, Communications & PR, media@auroramj.com; For Investors: ICR, Inc., Investor Relations, aurora@icrinc.com

CO: Aurora Cannabis Inc.

CNW 07:05e 16-SEP-26

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