Can One Man Make a Difference for Aurora Cannabis (ACB) Stock?

in #cannabis6 years ago

You see, as it turns out, this news is about more than just Mr. Peltz, proper. It’s about Trian, and the fact that through Trian, Nelson Peltz has developed relationships with a whole host of consumer packaged goods companies (that Aurora might also want to partner with, providing marijuana derivatives for incorporation into other products) — companies like: PepsiCo, Dr Pepper Snapple, Procter & Gamble, Kraft Foods, Heinz, and Mondelez, “among others.”

Interesting article about how Nelson Peltz has been appointed as a “Strategic Advisor” to Aurora Cannabis. I saw the headlines of this but didn't understand the significance of it until reading this article. Good for Aurora Cannabis, looks like a really good move to me. I had recently bought more shares in this company, but also sold the near term out of the money calls on those shares, expiring next week at $9/share, they might get taken away from me. Oh well, nothing goes straight up, there will probably be a chance to buy back in around the same price at some point.....

Read the full story here....
https://www.smarteranalyst.com/cannabis-stock/can-one-man-make-a-difference-for-aurora-cannabis-acb-stock/

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Aurora Cannabis is right at the $9 level now.....

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