Battley Leaves Executive Role at Aurora Cannabis

Aurora Cannabis (TSX: ACB) (NYSE: ACB) has seen its chief corporate officer Cam Battley step down from his role effective December 20, 2019. The rumour, initially spread across multiple social media channels, was quickly confirmed via a press release following the leak of an email that was sent out to employees late yesterday.

The press release follows a quick tweet-storm that began with twitter user @bettingbruiser release a screenshot of the email sent to Aurora employees last night. The email detailed that Battley had stepped down from the role yesterday.

As per the just-released press release, Battley stepped down yesterday for undisclosed reasons. A replacement has not been named in the CCO role following Battley’s departure. Instead, those of whom previously reported to Battley are now believed to be reporting directly to that of chief executive officer Terry Booth. Battley, despite the departure, has been named to the board of directors of Medreleaf Australia.

The news follows a week that truly can’t seem to end for Aurora investors. As The Deep Dive highlighted yesterday, a director this week quietly filed with Sedi last night that he had sold 57% of his total equity ownership in the company. This was shortly following a research report which placed a zero dollar price target on the firm.

Aurora Cannabis last traded at $2.95 on the TSX.


Information for this briefing was found via Sedar and Aurora Cannabis. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

300% RETURNS! The Junior Mining Stocks About To Explode In This Gold Bull Market | John Feneck

Why the Government Actually WANTS Gold Prices to Explode Higher | Tavi Costa

$30,000 GOLD: How Trump’s Policies Could Trigger The Next Price Explosion | Simon Marcotte

Recommended

First Majestic Posts Record Cash Flows In Q1 As Production Costs Fall

Brazil Potash Secures Funding In Support Of US$2.5 Billion Autozales Project

Related News

Checking In On Aurora Cannabis’ Operation

On last week’s episode, Aurora Cannabis (TSX: ACB) (NYSE: ACB) was undergoing a shift; changing...

Saturday, February 15, 2020, 12:19:39 PM

Aurora Cannabis Reports Revenues Of $55.2 Million, Net Loss Of $164.7 Million

Aurora Cannabis (TSX: ACB) (NYSE: ACB) this evening posted its third quarter 2021 financial results,...

Thursday, May 13, 2021, 04:43:46 PM

Aurora Cannabis Posts Annual Gross Revenues of $271 Million

Aurora Cannabis (TSX: ACB) (NYSE: ACB) posted its fourth quarter financials after the bell today,...

Wednesday, September 11, 2019, 05:58:51 PM

Nelson Peltz Resigns As Advisor To Aurora Cannabis

Aurora Cannabis (TSX: ACB) (NYSE: ACB) has seen Nelson Peltz resign as a strategic advisor...

Monday, September 28, 2020, 08:54:46 AM

Aurora Cannabis Earnings Illustrated: Empty Calories Giving The Market A Sugar High

The Deep Dive’s West Coast office was pretty happy to have shoveled dirt on Aurora...

Monday, May 18, 2020, 01:37:57 PM