Aurora Cannabis Inc. (OTCQB: ACBFF) is engaged in the cultivation, harvesting, and marketing of medical marijuana products in Canada. Shares of Aurora Cannabis Inc. are rallying 18%, through early trading on Thursday, October 6, 2016. Over the past three months, the cannabis company has seen average daily volume of around 150,776 shares. However, nearly 476,600 shares or dollar volume of $767,326, has already exchanged hands through early trading Thursday.
Shares of Aurora Cannabis Inc. are rallying Thursday, after the company announced that Joseph del Moral has been appointed the board of directors. Joseph del Moral is known as a pioneer in the Canadian medical marijuana market. Mr. del Moral was the co-founder and CEO of Canadian Cannabis Clinics, co-founder of CanvasRx Inc. Outside of the cannabis industry, Joseph del Moral has experience in the energy sector, where he founded Newten Home Comfort. Overall, Aurora Cannabis Inc. feels the addition of Mr. del Moral on the company’s board will help with the further development of marijuana products. Here is the complete press release detailing of the appointment:
Aurora Cannabis Inc. Press Release:
VANCOUVER , Oct. 6, 2016 /CNW/ – Aurora Cannabis Inc. (the “Company” or “Aurora” or the “Issuer”) (TSXV:ACB) (ACBFF) (Frankfurt: 21P; WKN: A1C4WM) announced today that Mr. Joseph del Moral has been appointed to the Company’s Board of Directors.
An innovator in new and emerging industries, Mr. del Moral is co-Founder and CEO of Canadian Cannabis Clinics (CCC). Mr. del Moral is also a co-founder of CanvasRx Inc., Canada’s leading cannabis outreach and counselling service provider, where he served as CEO until its acquisition by Aurora. Prior to his pioneering work in the cannabis industry, Mr. del Moral held several senior positions in the energy industry, including as founder of Newten Home Comfort, before its acquisition by Just Energy in 2010. He holds a B.Comm in Finance from McGill University.
“We are very pleased that Joseph, who has played such a pivotal role in the development of the medical cannabis sector, has agreed to join our Board,” said Terry Booth , CEO of Aurora. “Through his pioneering work at CCC and CanvasRx, he has been instrumental in setting the standards for patients and medical professionals by which Canada’s medical cannabis system now operates. With this appointment, Joseph will bring his valuable knowledge, insights and spirit of innovation to Aurora.”
Mr. del Moral stated, “The Aurora Standard, with respect to quality, operations and customer care, as well as management’s strategic vision for the cannabis sector, are critical elements that differentiate Aurora from other licensed producers. I look forward to helping further establish Aurora’s position as a leader in this sector.”
On behalf of the Board of Directors,
AURORA CANNABIS INC.