How do you hire a CEO during a pandemic? For Aurora Cannabis in Canada, drone footage is in and handshaking is out.
Aurora Cannabis Inc. may hire a new chief executive without ever shaking her or his hand or meeting in person.
It’s not an ideal scenario from Singer’s perspective, who would prefer the new CEO be able to “kick the tires” at its marijuana-growing facilities in Canada. But those sites are closed except to employees “on the front line,” Singer said. The company reported an unexpected jump in pot sales Thursday, sending Aurora shares on a record run in Friday’s trading session. Despite the boost in sales, analysts voiced doubts Friday that the company’s plans are strong enough to pull it out of its current doldrums any time soon.
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