Aurora Cannabis announces Nasdaq notice of non-compliance

Aurora Cannabis announced receipt of a notification letter from The Nasdaq Stock Market dated March 24, advising that the company was not in compliance with Nasdaq Listing Rule 5450(a)(1) as the bid price of the company’s listed securities had closed at less than $1.00 per share over the last 30 consecutive business days from February 8 to March 23. In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the company has until September 20, being 180 calendar days from the date of the Notification Letter, to regain compliance with the Minimum Bid Price Requirement.