Aurora Cannabis (NYSE: ACB) is working hard to tighten up its operations and bring down expenses in an effort to reduce its cash burn while also getting closer to breakeven. On July 20, investors learned that the company would again be laying off staff -- this time from its European operations. In addition to laying off one-quarter of its staff in certain countries, Aurora will also eliminate its regional office in Europe. Read More...
Why Aurora Cannabis Should Get Out of Europe and Other International Markets
Aurora Cannabis (NYSE: ACB) is working hard to tighten up its operations and bring down expenses in an effort to reduce its cash burn while also getting closer to breakeven. On July 20, investors learned that the company would again be laying off staff — this time from its European operations. In addition to laying off one-quarter of its staff in certain countries, Aurora will also eliminate its regional office in Europe.
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