Billionaire Nelson Peltz Joins Aurora Cannabis as Strategic Adviser

Billionaire investor Nelson Peltz is joining Aurora Cannabis Inc. as a strategic adviser and is receiving stock options that could make him the pot firm’s second-largest shareholder.

Peltz, whose New York-based Trian Fund Management LP has more than $10 billion under management, will advise Aurora on potential partnerships, the company said in a statement Wednesday. Aurora’s shares gained 8.5 percent to C$11.54 as of 10:43 a.m. in Toronto. Continue reading “Billionaire Nelson Peltz Joins Aurora Cannabis as Strategic Adviser”