Aurora Cannabis Inc. said Tuesday that co-Founder Steve Dobler will retire from his roles as president and board member, effective June 30. He has been president of the Canada-based cannabis company and on the board of directors since December 2014. "Steve's decision to retire and help streamline our leadership team further supports the objectives of our business transformation plan as we remain focused on driving Aurora to become a profitable and robust global cannabis company," said interim Chief Executive Michael Singer. The U.S.-listed shares rose 1.5% in premarket trading. They have tumbled 48.9% year to date through Monday, while the Cannabis ETF has dropped 15.7% and the S&P 500 has slipped 5.1%. Read More...
Aurora Cannabis Inc. said Tuesday that co-Founder Steve Dobler will retire from his roles as president and board member, effective June 30. He has been president of the Canada-based cannabis company and on the board of directors since December 2014. “Steve’s decision to retire and help streamline our leadership team further supports the objectives of our business transformation plan as we remain focused on driving Aurora to become a profitable and robust global cannabis company,” said interim Chief Executive Michael Singer. The U.S.-listed shares rose 1.5% in premarket trading. They have tumbled 48.9% year to date through Monday, while the Cannabis ETF has dropped 15.7% and the S&P 500 has slipped 5.1%.
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