Aurora Cannabis Moves From NYSE To Nasdaq To Drive Down Costs – Edmonton

The Canadian press

Posted on May 25, 2021 at 7:19 pm

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Aurora Cannabis Inc. today moved its listing from the New York Stock Exchange to the Nasdaq Global Select Market.

The Edmonton-based cannabis company says the move of the listing to the Nasdaq is part of Aurora’s recently announced cost-effectiveness plan.

As part of the plan, the company has spent much of the COVID-19 pandemic laying off workers and closing facilities in hopes of millions in savings.

CONTINUE READING: Aurora Cannabis is back on the offensive after restructuring and losing $ 292 million in Q2: CEO

Aurora said the stock ceased trading on the NYSE on Monday after the market closed and the new Nasdaq listing was below the previous ACB ticker.

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The company says the transfer will not affect the company’s primary listing on the Toronto Stock Exchange.

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Aurora operates a number of cannabis brands including San Rafael ’71, Daily Special, AltaVie, MedReleaf, CanniMed, and Reliva CB.

See Below: Some Global News Videos About Aurora Cannabis.

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Aurora Cannabis is shrinking part of the industry with the right size: Analyst

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