Aurora Cannabis (ACB) has notable insider selling

Aurora Cannabis (T:ACB)

Stephen Dobler, a Director, disposed 1,000,000 Common Shares on an indirect ownership basis for registered holder 1771472 Alberta Ltd. at a price of $2.218 through the public market on June 9th, 2017. This represents a $2,217,500 divestment of the company's shares and an account share holdings change of -6.2%.

Aurora Cannabis Inc, formerly Prescient Mining Corp, is a Canada-based company, which is in the business of producing and distributing medical marijuana pursuant to the Access to Cannabis for Medical Purposes Regulations (ACMPR). The Company's primary business consists of the sale of dried medical cannabis. The Company's principal market is patients who use medical cannabis in Canada. It operates under the following segments: the production and sale of medical cannabis, as well as patient counseling and outreach services. The Company sells dried medical cannabis by direct delivery to patients through physical delivery services, as well as ordering services through the phone and the Company's online shop and mobile application. The Company operates its business through its subsidiaries: Aurora Marijuana Inc, Aurora Cannabis Enterprises Inc, 1769474 Alberta Ltd, Australis Capital Inc, CanvasRx Inc and 10094595 Canada Inc.