03:42:59 EST Wed 01 Dec 2021
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Aurora Cannabis Inc (2)
Symbol ACB
Shares Issued 198,115,363
Close 2021-09-22 C$ 7.67
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FP/wire say Aurora Cannabis to shut Edmonton facility

2021-09-23 09:43 ET - In the News

The Financial Post reports in its Thursday edition that Aurora Cannabis is shutting down a facility in Edmonton, adding to the woes of the cash-strapped Canadian pot producer has experienced during the pandemic. A Reuters dispatch to the Post says medical distribution from the Aurora Polaris grow-operation that is being shut down will move to an adjacent factory called Aurora Sky, while manufacturing will move to its Aurora River factory in Ontario. "We aspire to be a leaner, more agile organization that keeps pace with our competition and is on a path to profitability," a spokesman for the company said. The company did not disclose the number of employees that would be affected by the move. On Monday, the Edmonton-based company also delayed the announcement of its fourth-quarter earnings. Aurora closed Wednesday at $7.67, down a nickel on the Toronto Stock Exchange.

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