11:39 AM EDT, 09/17/2024 (MT Newswires) -- Aurora Cannabis ( ACB ) on Tuesday said it is advancing "groundbreaking" research in auto-flowering technology.

Auto-flowering is a genetic characteristic that automatically transitions the plant from the vegetative stage to the flowering stage rather than relying on changes in light cycles, Aurora said.

The work aims to provide insight on the flowering mechanism in cannabis, which will support future breeding strategies and can be leveraged to revolutionize outdoor cannabis cultivation in high-latitude regions like Canada, the company said.

"As a company backed by science, we have long invested in research both independently and with leading academic institutions, and have achieved significant learning from our work," said Jose Celedon, director of breeding and genetics at Aurora. "Our recent work on auto-flowering will be a gamechanger for cannabis and hemp production. This research speaks to our expertise and investment in science that will move this industry forward."

Aurora shares were last seen up $0.24 to $8.24 on the Toronto Stock Exchange.

Price: 8.24, Change: +0.24, Percent Change: +3.00