Aurora Cannabis Transfers to Nasdaq Capital Market, Buys Back More Debt

Aurora Cannabis is transferring its stock listing from the Nasdaq Global Select Market to the Nasdaq Capital Market.

The transfer gives Aurora 180 more days to meet the $1 minimum bid price requirement.

Aurora is repurchasing CAD 13 million ($9.6 million) of its convertible senior notes.

This leaves Aurora with $29.2 million of the notes still outstanding.

Aurora has now repurchased about $316 million of the notes since December 2021 to reduce debt and interest costs.