Reuters exclusively reported that CEO and founder of Canadian weed company Aurora Cannabis, Terry Booth, had stepped down and the company was set to announce job cuts. According to an internal memo seen by Reuters, the company is preparing for a sharp reduction in overall budget and capital expenditure to “better align with the short-term market reality.” The company confirmed the details of the Reuters story later in the day.
Reuters exclusively reports Aurora Cannabis CEO exits, cuts jobs
06 February 2020, 12:00 am 1 minute
Type: Reuters Best
Win Types: Speed
Story Types: Exclusive / Scoop