Aurora Cannabis Provides Business Updates and Announces New CEOPosted by On

  • Appoints Miguel Martin as Chief Executive Officer
  • Expects Fiscal Q4 2020 Net Revenue Between $70 and $72 Million, Including $66 to $68 Million Cannabis Net Revenue
  • To Record Up to $1.8 Billion in Goodwill Impairment Charges in Q4 2020
  • Secures Greater Financial Flexibility with Credit Facility Amendments
  • Now Anticipates Positive Adjusted EBITDA in Fiscal Q2 2021
  • To Host Q4 and Fiscal Year 2020 Conference Call on September 22, 2020


EDMONTON, AB, Sept. 8, 2020 /PRNewswire/ – Aurora Cannabis Inc. (the “Company” or “Aurora“) (NYSE: ACB) (TSX: ACB), the Canadian company defining the future of cannabinoids worldwide, today announced an update on its business operations along with certain unaudited preliminary fiscal fourth quarter 2020 results. The Company also announced the appointment of Miguel Martin as its new CEO which is detailed in a separate announcement released this morning.

Aurora Cannabis Inc. Logo (CNW Group/Aurora Cannabis Inc.)

“Over the last six months, Aurora has focused on building the infrastructure and…

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