Shares of marijuana producer Aurora Cannabis plunge after announcing a major restructuring that involves laying off hundreds of staff and the resignation of its CEO. Shares of marijuana producer Aurora Cannabis (ACB) – Get Report plunged on Friday after the Canadian company announced a dramatic restructuring that involves the departure of hundreds of staffers, including its CEO. […]
Michael Singer
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 under management, will advise Aurora on potential partnerships, the company said in a statement Wednesday. […]
