NYSE | TSX: ACB
- Common shares of the Company will begin trading on the
New York Stock Exchange and the Toronto Stock Exchange on a
post-consolidated basis at the opening of trading on May 11, 2020
EDMONTON, May 8, 2020 /PRNewswire/ - Aurora Cannabis Inc.
(the "Company" or "Aurora") (NYSE | TSX: ACB), the
Canadian company defining the future of cannabis worldwide,
confirms today that it has received all necessary approvals for its
previously announced consolidation of the common shares (the
"Common Shares") of the Company on a 12 to 1 basis (the
"Consolidation") and confirms that the Consolidation will be
effective on May 11, 2020 (the
Aurora's Common Shares will begin trading on the New York Stock
Exchange (the "NYSE") and the Toronto Stock Exchange (the
"TSX") at the opening of trading on the Effective Date under
the symbol "ACB" on a post-Consolidation basis.
Aurora is a global leader in the cannabis industry serving both
the medical and consumer markets. Headquartered in Edmonton, Alberta, Aurora is a pioneer in
global cannabis dedicated to helping people improve their lives.
The Company's brand portfolio includes Aurora, Aurora Drift, San
Rafael '71, Daily Special, AltaVie, MedReleaf, CanniMed, Whistler,
and ROAR Sports. Providing customers with innovative, high-quality
cannabis and hemp products, Aurora's brands continue to break
through as industry leaders in the medical, performance, wellness
and recreational markets wherever they are launched. For more
information, please visit our website at www.auroramj.com.
Aurora's Common Shares trade on the TSX and NYSE under the
symbol "ACB", and is a constituent of the S&P/TSX Composite
Forward Looking Statements
This news release includes statements containing certain
"forward-looking information" within the meaning of applicable
securities law ("forward-looking statements").
Forward-looking statements are frequently characterized by words
such as "plan", "continue", "expect", "project", "intend",
"believe", "anticipate", "estimate", "may", "will", "potential",
"proposed" and other similar words, or statements that certain
events or conditions "may" or "will" occur. These forward-looking
statements are only predictions. Various assumptions were used in
drawing the conclusions or making the projections contained in the
forward-looking statements throughout this news release.
Forward-looking statements are based on the opinions, estimates and
assumptions of management in light of management's experience and
perception of historical trends, current conditions and expected
developments at the date the statements are made, such as current
and future market conditions, the current and future regulatory
environment and future approvals and permits. Forward-looking
statements are subject to a variety of risks, uncertainties and
other factors that management believes to be relevant and
reasonable in the circumstances could cause actual events, results,
level of activity, performance, prospects, opportunities or
achievements to differ materially from those projected in the
forward-looking statements, including general business and economic
conditions, changes in laws and regulations, product demand,
changes in prices of required commodities, competition, the effects
of and responses to the COVID-19 pandemic and other risks,
uncertainties and factors set out under the heading "Risk Factors"
in the Company's annual information form dated September 10, 2019 (the "AIF") and
prospectus supplement dated April 16,
2020 (the "Prospectus Supplement") and filed with
Canadian securities regulators available on the Company's issuer
profile on SEDAR at www.sedar.com. The Company cautions that the
list of risks, uncertainties and other factors described in the AIF
and Prospectus Supplement is not exhaustive and other factors could
also adversely affect its results. Readers are urged to consider
the risks, uncertainties and assumptions carefully in evaluating
the forward-looking statements and are cautioned not to place undue
reliance on such information. The Company is under no obligation,
and expressly disclaims any intention or obligation, to update or
revise any forward-looking statements, whether as a result of new
information, future events or otherwise, except as expressly
required by applicable securities laws.
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SOURCE Aurora Cannabis Inc.