Investor Nelson Peltz Exits Advisor Role At Aurora Cannabis

Activist investor Nelson Peltz has resigned from Aurora Cannabis Inc. (NYSE: ACB) just 18 months after being hired as a strategic advisor.

The move comes just days after the Edmonton, Canada-based company reported losing more than CA$3.3 billion ($2.5 billion) in the 2020 fiscal year.

According to Yahoo Finance, Aurora and Peltz “have concluded their relationship.”

“This change is a direct result of Mr. Peltz’s decision to pursue other commitments, and the company appreciates his valuable contributions,” an Aurora spokesperson said.

Aurora did not respond to a …

Full story available on Benzinga.com

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