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john1311

09/08/20 7:26 AM

#67008 RE: player1234 #67007

Aurora Cannabis Provides Business Updates and Announces New CEO

Appoints Miguel Martin as Chief Executive Officer
Expects Fiscal Q4 2020 Net Revenue Between $70 and $72 Million, Including $66 to $68 Million Cannabis Net Revenue
To Record Up to $1.8 Billion in Goodwill Impairment Charges in Q4 2020
Secures Greater Financial Flexibility with Credit Facility Amendments
Now Anticipates Positive Adjusted EBITDA in Fiscal Q2 2021
To Host Q4 and Fiscal Year 2020 Conference Call on September 22, 2020