Aurora Cannabis achieved a score of 67 out of 100, ranking significantly higher than its competitors.
Aurora Cannabis Inc, the Canadian company defining the future of cannabis worldwide, is pleased to acknowledge the Company's ranking in the 2019 annual Report on Business ("ROB") review of Corporate Boards, known as Board Games.
Published in its 18th year, the ROB Board Games considers dozens of governance criteria, extending beyond those required by formal regulations. Aurora achieved a score of 67 (out of a total score of 100), representing a significant increase over the prior year, a substantially higher ranking than others in its peer group of companies.
"Aurora's improvement in the ROB Board Games was made possible by the swift and responsible actions by the collective Board and with the full support of management," said Michael Singer, Executive Chairman of Aurora.
"Immediately following the 2018 Board Games report, our Board underwent a critical review of its practices, policies and disclosures in an effort to be explicitly transparent with our shareholders and demonstrate leadership through its commitment to enhancing overall governance as Aurora continues advancing as the global cannabis leader."
We are very pleased with this marked improvement and yet another important point of differentiation of Aurora from its peers.Michael Singer, Executive Chairman of Aurora.
In partnership with its strategic advisors and the active participation of all Board members, Aurora was able to implement a series of important changes ahead of the close of its fiscal year, June 30, 2019.
Norma Beauchamp, Chair of Aurora's Corporate Nominating and Governance Committee, added, "I am proud of the efforts this Board has undergone in a very short timeframe and with great determination to make big and critical shifts that are akin to mature businesses. We still have room for growth and are already in the process of implementing even further adjustments that we believe are appropriate for Aurora's long-term success. The dramatic rise in ranking is a testament to the conviction of the organization."
To learn more about Aurora Cannabis visit their Company HQ here.
Disclaimer: Past performance is not an indicator of future performance.
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