Aurora Cannabis falls on capital raise, reverse stock split

  • The company said its board also approved a reverse stock split of 1:12 to boost its share price above $1, the minimum required to maintain a listing on the New York Stock Exchange.
  • Aurora’s U.S.-listed shares were last trading below 80 cents.
  • Producers CannTrust Holdings Inc and James E Wagner Cultivation Corp filed for bankruptcy protection two weeks earlier.

Read full article: