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Aurora Cannabis history
Aurora Cannabis company history timeline
Aurora was founded in 2006 by Terry Booth, Steve Dobler, Dale Lesack and Chris Mayerson.
In 2012, a wave of pot legalization hit America.
On November 27, 2014, Health Canada issued Aurora's first license to sell medical cannabis.
The company received its license to grow cannabis in 2014, making it the first cannabis producer to obtain a federal license in that province.
Sales of four product lines of cannabis oils commenced in April, 2017.
Canada legalized the retail sale of cannabis nationally on October 17, 2018.
During an interview in November 2019, CEO Terry Booth discussed the poor retail performance of the Canadian cannabis industry, saying that "carnage" was possible unless certain producers were able to reduce the cost of operations when oversupply existed.
In December, two of Aurora's senior executives departed the company: Chief Global Business Development Officer, Neil Belot, and Chief Corporate Officer, Cam Battley, when the price of the company's stock had dropped 61% over 2019.
In Q3 2019, the company lost $160 million… that’s 8X more than a year ago.
During the fourth quarter of 2019, the company had suspended cannabis production in Denmark and at its greenhouses in Medicine Hat, Alberta.
Aurora Cannabis plans to expand its production capacity from 150,000 to 500,000 kilos per year by mid-2020.
In May 2021, Aurora moved its United States listing from the NYSE to the Nasdaq.
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Zippia gives an in-depth look into the details of Aurora Cannabis, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Aurora Cannabis. The employee data is based on information from people who have self-reported their past or current employments at Aurora Cannabis. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Aurora Cannabis. The data presented on this page does not represent the view of Aurora Cannabis and its employees or that of Zippia.
Aurora Cannabis may also be known as or be related to AURORA CANNABIS INC, Aurora Cannabis, Aurora Cannabis Inc and Aurora Cannabis, Inc.