Canadian cannabis retailers to merge, focus on value-conscious consumers
Alcanna Inc. is spinning-off its retail cannabis business and combining it with competing retailer YSS Corp. to create one of the largest […]
Category: aurora cannabis
More layoffs at Aurora Cannabis following Great North deal
Aurora Cannabis laid off sales staff after choosing Great North Distributors to be its sales representative across the Canadian recreational marijuana retail […]
Cannabis CEOs, led by Aphria’s Irwin Simon, are among Canada’s top-paid execs despite losses
A number of executives in the cannabis industry are among the highest-compensated CEOs in Canada, according to a new analysis of 2019 […]
Aurora Cannabis co-founder Terry Booth tapped to be CEO of US-based Australis
Eleven months after stepping down as CEO of the Canadian marijuana giant he co-founded, former Aurora Cannabis chief executive Terry Booth said […]
Aurora Cannabis strikes deal to sell cultivation facilities, document suggests
Canadian producer Aurora Cannabis has an agreement in principle to sell at least two cultivation facilities in Canada that were closed earlier […]
Aurora lays off 200, idles most of flagship Sky marijuana facility
Aurora Cannabis has cut a little more than 200 positions as it reduces production at its flagship marijuana greenhouse in Edmonton, Alberta, […]
Analyst: Aurora Cannabis’ dip into capital market after stock rally ‘shrewd’
Underwriters for Aurora Cannabis’ previously announced overnight public offering have agreed to purchase roughly 20 million units at $7.50 apiece, the Alberta […]
Aurora Cannabis looks to shore up finances with $500 million shelf offering
Aurora Cannabis, suffering from red ink, filed a preliminary short-form base shelf prospectus that will allow the licensed producer to raise up […]
Aurora Cannabis exits Australia’s Cann Group after $28M impairment charge
Alberta-based Aurora Cannabis sold off its stake in Australian medical marijuana company Cann Group, but the Canadian producer says it still sees […]
Aurora Cannabis execs saw raises, bonuses despite multibillion-dollar loss
Top Aurora Cannabis executives were rewarded with millions of dollars in bonuses and raises for the fiscal year ended June 30, the […]