aurora cannabis inc. Archives - Cannabis Business Executive

Aurora Cannabis stock slammed by executive departure and insiders selling

Jefferies downgrades Aurora stock to hold from buy and says path to profitability is further away than expected Aurora Cannabis Inc.’s U.S.-listed shares slid 8% Monday, after the company announced the exit of a key executive, amid insiders selling stakes,…

Billionaire Nelson Peltz Joins Aurora Cannabis as Strategic Adviser

Billionaire investor Nelson Peltz is joining Aurora Cannabis Inc. as a strategic adviser and is receiving stock options that could make him the pot firm’s second-largest shareholder. Peltz, whose New York-based Trian Fund Management LP has more than $10 billion…

Aurora Cannabis Shares Gain on Post-Legalization Sales in Canada

Aurora Cannabis Inc., the first pot producer to report earnings since Canada legalized marijuana last month, gained as much as 5 percent in pre-market trading after profit and sales surged. Aurora posted C$29.7 million ($22 million) in revenue for the…

Coca-Cola Is Eyeing the Cannabis Market

The world’s largest beverage company may be the next industry giant to jump into the cannabis drinks business. Coca-Cola Co. says it’s monitoring the nascent industry and is interested in CBD -- the non-psychoactive ingredient in marijuana -- for beverages…

TGOD and Aurora Cannabis Extend Agreement

PRESS RELEASE The Green Organic Dutchman Holdings Ltd. (the "Company" or “TGOD”)(TSX:TGOD)(US:TGODF) announces it has agreed with Aurora Cannabis Inc. (“Aurora”) (TSX:ACB) to extend Aurora’s exercise deadline of its first milestone option (the “Milestone Option”) under the TGOD Aurora Investor…

Aurora Cannabis To Buy CanniMed Therapeutics For $1.1 Billion

Aurora Cannabis Inc. has struck a friendly deal valued at $1.1 billion to buy rival licensed producer CanniMed Therapeutics Inc., ending a hostile takeover battle between the Canadian marijuana companies. "We are very pleased to have come to terms with…