Medical Marijuana Program Connection

AURORA CANNABIS ALERT: Bragar Eagel & Squire, P.C. Announces That a Class Action Lawsuit Has Been Filed Against Aurora Cannabis, Inc. and Encourages Investors to Contact the Firm

MMP News AuthorOctober 2, 2020

/EIN News/ — NEW YORK, Oct. 02, 2020 (GLOBE NEWSWIRE) — Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, announces that a class action lawsuit has been filed in the United States District Court for the District of New Jersey on behalf of investors that purchased ... Read More

Aurora Cannabis increases executive compensation after layoffs, $3.3B in losses

MMP News AuthorOctober 2, 2020

Aurora Cannabis Inc. handed out millions in compensation and salary increases to executives as the company was laying off more than 1,000 workers and reporting billions in losses. The Edmonton-based cannabis company’s management proxy circular released this week ahead of the company’s annual meeting in November shows all six ... Read More

SHAREHOLDER ALERT: Aurora Cannabis Inc. Sued for Violations of the Federal Securities Laws; Investors Who Lost Money Should Contact Block & Leviton LLP

MMP News AuthorOctober 2, 2020

/EIN News/ — BOSTON, Oct. 02, 2020 (GLOBE NEWSWIRE) — On September 8, 2020, Aurora Cannabis Inc. (NYSE: ACB) stunned the market when it announced that it expected to record up to $1.8 billion in goodwill impairment charges in the fourth quarter of 2020. On the same day, Aurora also ... Read More

Here's 1 Area Where Aurora Cannabis Absolutely Trounces Canopy Growth

MMP News AuthorOctober 1, 2020

Aurora Cannabis (NYSE:ACB) is a shadow of its former self. The cannabis producer has slashed its global operations. It’s no longer the leader in the Canadian adult-use recreational cannabis market, and its hopes of landing a major partner from outside the cannabis industry have fizzled. For most of the last ... Read More

Billionaire Nelson Peltz Resigns as Aurora Cannabis Advisor

MMP News AuthorSeptember 29, 2020

Aurora Cannabis (NYSE:ACB) has lost a bit of corporate stardust. Buried in an update about its upcoming annual general meeting, the marijuana grower revealed that billionaire investor Nelson Peltz has resigned as a senior advisor to the company. The press release included no details nor any specific reasons for his ... Read More

Aurora Cannabis Down Again On News of Beak-Up With Billionaire Investor

MMP News AuthorSeptember 29, 2020

Shares of Aurora Cannabis (NYSE:), (TSX:) took another hit yesterday, dropping an additional 5% on the day after it was announced that the Alberta-based marijuana grower cut ties with its once highly-touted special adviser, billionaire investor Nelson Peltz. Peltz, the director of the fast-food company Wendy’s and the co-founder of ... Read More