Why Aurora Cannabis hasn’t signed a deal with a U.S. giant like other pot companies

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.]

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

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...
แหล่ง: MarketWatch - 🏆 3. / 97 อ่านเพิ่มเติม »

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...
แหล่ง: MarketWatch - 🏆 3. / 97 อ่านเพิ่มเติม »

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.... I need a broker that’s not gonna charge me equal to what I’m trying to invest
แหล่ง: MarketWatch - 🏆 3. / 97 อ่านเพิ่มเติม »

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. Canada can have them. Lol!
แหล่ง: Forbes - 🏆 394. / 53 อ่านเพิ่มเติม »

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. DevinCow NunesAlt Forget being mad over fake likes... how bout all our information being compromised through Facebook like 10 times? How bout all our personal info being sold without our consent? Is this a joke? Half the likes on IG come from like farms in Asia.
แหล่ง: CNBC - 🏆 12. / 72 อ่านเพิ่มเติม »

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.
แหล่ง: Forbes - 🏆 394. / 53 อ่านเพิ่มเติม »