Auroa Cannabis Inc. is set to coordinate a deal with Whistler Medical Marijuana Corp in upwards of $175 million, including milestone payments.
Aurora, an Edmonton based company, says the procurement of the company is expected to provide a suite of premium and organic certified products.
There are two indoor licensed production facilities, one which is based in Whistler and another is a short jaunt from the resort town.
It is anticipated that once the second location reaches full capacity, the facilities will have a combined production capacity of 5,000 kilograms per year.
The deal is subject to customary closing conditions as well as third party and regulatory approvals.