EDMONTON - Shares in Aurora Cannabis Inc. continued to fall on Tuesday as the company confirmed that it asked key executive Cam Battley late last week to step down as chief corporate officer. The Edmonton-based pot provider’s shares were down 5.6 per cent or 15 cents to $2.50 on the Toronto Stock Exchange early Tuesday. The Saturday release didn’t say why Battley was leaving but an emailed statement on Tuesday said Battley was asked last Friday to “step away” from his role as part of the evolution of the company’s leadership strategy. Analysts have blamed recent steep declines in cannabis company shares on falling recreational sales in Canada due to high inventory levels, noting the market hasn’t grown as much as expected since recreational pot became legal in 2018. “This includes changes to the leadership of the company with the departure of chief corporate officer, Cam Battley, who was asked to step away from his role on Dec. 20, 2019.”YOU MIGHT BE INTERESTED IN...

Source: thestar December 24, 2019 15:56 UTC