Martin, who brings extensive experience in consumer packaged goods, is replacing Michael Singer, who stepped down from the role of Interim CEO — a position he has held since February. Dobler recently retired from the position of the company’s president and director.
The Edmonton, Alberta-based company also reported its preliminary unaudited results for the fourth quarter of fiscal 2020.
During the last three months of this year, net revenue is expected to amount between $70 million and $72 million versus $75.5 million in the prior quarter.
In addition, Aurora anticipates its cannabis net revenue would be between $66 million and $68 million, compared to $69.6 million in the previous three-month period.
Aurora managed to cut its SG&A costs from more than $100 million in the second quarter of 2020 to an expected range of $60 to $65…