Aurora Cannabis Inc. is one of two major Canadian cannabis companies with a market value of more than $1.5 billion that has yet to ink a partnership or...
TORONTO — Aurora Cannabis Inc. is one of only two major Canadian cannabis companies with a market value of more than $1.5 billion that has yet to ink a partnership or investment deal with a major U.S. company, but that’s because a rich American advised executives not to do it.
MarketWatch recently sat down with Aurora’s chief corporate officer, Cam Battley, to talk about why the company hasn’t made a deal with a major U.S. company, as well as his plans for the future and how Aurora is tackling the recreational market in Canada. The following has been edited for clarity and length.
So [Peltz] said “don’t do that” and here’s why: If you sell out now, it’s going to mean selling your shareholders short because the value of your company is rising every quarter. There’s no need to do that. The opportunity exists to create strategic partnerships across more than one vertical. You don’t have to become a tobacco company. You don’t have to become a distiller. You can partner on a strategic level with multiple companies across multiple verticals and remain independent.
MW: Is Aurora experiencing the production bottlenecks that many of the licensed producers in Canada have publicly talked about? MW: What do you make of the rising cannabis inventory numbers? Why are companies stockpiling cannabis? MW: What brought you to Aurora instead of some of its competitors? [Prior to Aurora, Battley ran a health-management consulting company that has worked in biotechnology, pharmaceuticals and medical devices, and helped develop a law that protects patents for new pharmaceuticals as a legislative assistant.]
इंडिया ताज़ा खबर, इंडिया मुख्य बातें
Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।
Aurora Cannabis enters license deal with EnWave, and makes C$10 million equity investment withAurora Cannabis Inc. said Friday it has entered into a royalty-bearing licensing deal with EnWave Corp. for the exclusive rights to EnWave's Radiant Energy...
और पढो »
Gunman in plant shooting vowed to kill everyone and 'blow police up': ReportAlleged gunman in deadly Illinois plant shooting vowed to kill everyone and 'blow police up' if he got fired, according to newly released report.
और पढो »
Gunman who fatally shot 5 vowed to kill all his coworkers if he was firedAurora, Illinois, gunman who fatally shot 5 people before he was killed by police told a co-worker the morning of the shooting that if he was fired he was going to kill every other employee and 'blow police up,' prosecutors said.
और पढो »
Aurora Cannabis enters license deal with EnWave, and makes C$10 million equity investment withAurora Cannabis Inc. said Friday it has entered into a royalty-bearing licensing deal with EnWave Corp. for the exclusive rights to EnWave's Radiant Energy...
और पढो »
Canopy Growth’s quiet co-CEO on the pot company’s ambitions in the U.S. and moreCanopy Growth Corp. co-Chief Executive Bruce Linton rarely declines an opportunity to talk with the news media, often making dozens of appearances in a day....
और पढो »
Why Immigrants, Students And U.S. Companies Are Going To CanadaAbsent changes in U.S. immigration policies, U.S. companies and foreign professionals will view Canada as an attractive alternative.
और पढो »
Facebook is suing a New Zealand company and three people over fake Instagram likesFacebook filed a lawsuit in a U.S. federal court against a New Zealand company and three people for allegedly selling fake likes, views and followers to Instagram users.
और पढो »
Here’s why Instagram is going to hide your ‘likes’Another test will de-emphasize a user's follower count on their profile page, in an effort to make Instagram feel less like a popularity contest.
और पढो »
Another Canadian pot stock is headed for a U.S. exchangeOrganigram Holdings Inc. sold the second-most amount of recreational cannabis in Canada, but its market capitalization trails rivals handily — at least until...
और पढो »
Forbes Small Giants:\nThe Best Small Companies Of 2019When is bigger not better? When you value greatness over fast growth. These 25 companies are all privately owned and closely held, and they share a commitment to providing stellar service to customers, offering employees fulfilling, rewarding work and being vital members of their communities.
और पढो »
U.S.-Taliban peace talks reopen, but U.S. watchdog warns deal could bring more insecurity to AfghanistanThe Taliban insisted it will not discuss domestic issues until the two sides have agreed on the “full withdrawal” of foreign forces and on how to prevent other armed groups from using Afghanistan to do harm abroad. The inspector general’s report noted risks to human rights and women’s rights that would come after a possible deal.
और पढो »