Why Aurora Cannabis Stock Dropped Today

Why Aurora Cannabis Stock Dropped Today

Shares of Aurora Cannabis (NYSE: ACB) were down 4.9% as of 12:15 p.m. EST on Thursday. A recent sales distribution agreement has the company further trimming staff as it continues on its transformation plan. Shares of the Canadian marijuana grower jumped last week, after it announced a new agreement with Great North Distributors that Aurora said will "significantly bolster" its market share across Canada.