Can One Man Make a Difference for Aurora Cannabis (ACB) Stock?

Aurora Cannabis (ACB) shares shot 14% higher on Wednesday after the Canadian pot producer announced that it has appointed Nelson Peltz, CEO and Founding Partner of multi-billion dollar investment management firm Trian Fund Management to be a “Strategic Advisor” to Aurora.

Helping to make Aurora shares run was a near-simultaneous endorsement of the stock by GMP Securities analyst Martin Landry, which explained the significance of Peltz’s involvement with Aurora — and why, in Landry’s view, this single new hire makes Aurora Cannabis worth $15 a share — more than 50% above what GMP used to think the stock was worth.

You see, as it turns out, this news is about more than just Mr. Peltz, proper. It’s about Trian, and the fact that through Trian, Nelson Peltz has developed relationships with a whole host of consumer packaged goods companies (that Aurora might

... read more at: https://www.smarteranalyst.com/cannabis-stock/can-one-man-make-a-difference-for-aurora-cannabis-acb-stock/

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