(Reuters) – Canada’s Aurora Cannabis Inc (ACB.TO) said on Friday it has partnered with privately held pharmaceutical manufacturer and distributer Farmacias Magistrales SA to supply medical cannabis to Mexico.
“This new exclusive partnership further expands Aurora’s early mover advantage in Latin America,” Chief Executive Officer Terry Booth said in a statement.
Farmacias has a reach of about 80,000 retail points and 500 pharmacies and hospitals across Mexico, the company said.
The announcement comes a month after Mexico’s Congress website showed its plans to submit a bill to create a medical marijuana industry and allow recreational use in what would be a big step by the incoming government to shake up the country’s drug war.
If the bill passes, Mexico would join Canada,…