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Monday, July 08, 2019 1:37:11 AM
Aurora's management team has been very vague about the company's strategy for the U.S. hemp CBD market. In Aurora's latest quarterly conference call, CEO Terry Booth stated, "We have a strategy of entering into the US." But he added, "That strategy is obviously confidential."
Chief Corporate Officer Cam Battley noted, though, that Aurora is exploring opportunities in the global hemp market with advisor Nelson Peltz, a billionaire investor with strong connections in the consumer packaged goods industry. Battley said that industrial hemp and CBD is an "important area of attention." He didn't provide any details on Aurora's next steps and instead only stated, "We are assessing where in the value chain we'll be able to generate the most value."
https://finance.yahoo.com/news/why-aurora-cannabis-could-become-180000920.html
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