|Bid||7.64 x 0|
|Ask||7.64 x 0|
|Day's Range||7.50 - 7.81|
|52 Week Range||4.93 - 24.10|
|Beta (5Y Monthly)||3.24|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Downsizing has become the norm in Canada’s cannabis industry, as licensed producers dismantle the production facilities that led to an industry-wide supply glut.
EDMONTON — Aurora Cannabis Inc. is closing one of its Alberta facilities as it strives to streamline its operations. The cannabis company says its Aurora Polaris property in Edmonton will be shut down as part of a plan to create a leaner and more agile firm. Aurora Polaris’ medical distribution operations will move to the adjacent Aurora Sky facility, while manufacturing will be relocated to Aurora River in Bradford, Ont. Aurora, which is headquartered in Edmonton, will keep its corporate office
Aurora Cannabis Inc said on Tuesday it will shut down a facility in Edmonton, Alberta, adding to the woes of the cash-strapped Canadian pot producer which has been reeling under the impact of the pandemic since last year. The company said medical distribution from the Aurora Polaris facility that is being shut down will move to an adjacent factory called Aurora Sky, while manufacturing will move to its Aurora River factory in Ontario.