Sector News Aurora Cannabis Co-Founder to Be CEO of Australis by Sophia Vida January 07, 2021 The co-founder of marijuana producer Aurora Cannabis, Terry Booth, has been tapped to become the chief executive of US-based Australis. Booth said he plans to return to the marijuana industry to head up a U.S.-based cannabis in...
Spotlight Stock Aurora Cannabis Breach Reveals Data of Past and Current Workers by Sophia Vida January 05, 2021 Marijuana Business Daily has learned that Canadian marijuana producer Aurora Cannabis has been the victim of a data breach that has exposed the personal date of former and current workers. MJBizDaily has seen an email that was ...
Marijuana Stocks Aurora Cannabis Lays Off Hundreds of Workers by Sophia Vida December 17, 2020 Marijuana cannabis producer Aurora Cannabis has laid off a little over 200 workers in an effort to reduce its production at its flagship cannabis greenhouse in Edmonton, Alberta, Canada. According to Marijuana Business Daily, t...
Spotlight Stock Aurora Cannabis Shares Soar as Presidential Vote Count Heats Up by Sophia Vida November 06, 2020 Shares of Canadian marijuana producer Aurora Cannabis were soaring as much as 40% on Thursday as Democrat candidate Joe Biden inched closer to a presidential election victory. Shares may have also been driven higher as the U.S....
Spotlight Stock Despite Big Company Losses, Aurora Cannabis Executives Saw Big Raises and Bonuses by Sophia Vida October 06, 2020 Canadian marijuana producer Aurora Cannabis may have had mass layoffs this year and a loss exceeding $2.3 billion, but their top executives were still rewarded quite heftily. The company disclosed figures for the fiscal year in...
Spotlight Stock Miguel Martin is Named as New Aurora Cannabis CEO by Sophia Vida September 09, 2020 Canadian marijuana producer Aurora Cannabis has appointed Miguel Martin as its new chief executive, effective immediately. According to the company's press release, "with deep, diverse experience in consumer packaged goods, hig...
Spotlight Stock Aurora Cannabis Plans to Cut More Jobs and Facility Closures by Sophia Vida June 25, 2020 Struggling cannabis producer Aurora Cannabis has announced a new round of staff layoffs and its plans to shut five facilities over the next two quarters amid the coronavirus pandemic. The Canadiana marijuana industry has been h...
Legal Related Aurora Cannabis and Cronos Group Named in $500M Lawsuit by Sophia Vida June 24, 2020 A $500 million lawsuit is accusing marijuana producers of distributing products with incorrect THC and CBD levels. The class action lawsuit was filed in Calgary Canady against the cannabis producers whose claims of THC and CBD ...
Money related Online Transactions for the Ontario Cannabis Store Explode 82% in March by Sophia Vida June 10, 2020 While March was a frantic month due to the coronavirus pandemic and lockdowns, Ontario saw tremendous success during the month. The Ontario Cannabis Store (OCS) released data on its sales over the past 12 months, from April 1, ...
Spotlight Stock Aurora Cannabis Shares Pop After Making Deal to Enter U.S. Market by Sophia Vida May 21, 2020 Shares of Canadian marijuana producer Aurora Cannabis were soaring as Wall Street learned that the company had made a deal to enter the U.S. market. Aurora Cannabis has agreed to buy U.S.-based CBD company Reliva, giving the co...
