Aurora Cannabis cofounder and president Steve Dobler will soon retire

After 15 years in the weed business, he’ll step down on June 30.

Aurora-Cannabis

Photo by Aurora Cannabis.

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One of the pioneers in Canada’s legal-weed universe is calling it quits.

Steve Dobler was a cofounder of Edmonton-based Aurora Cannabis Inc. when it was incorporated in 2006. He has also been president and a board member since 2014, when it received its first Health Canada licence to grow legal cannabis.

He will relinquish these two roles on June 30.

Outgoing Aurora Cannabis president Steve Dobler.

“On behalf of our Board of Directors and management team, I would like to thank Steve for all his contributions to Aurora and for his tenure as a director on our board,” Aurora’s executive chairman and interim CEO, Michael Singer, said in a news release. “His keen business insight and unparalleled passion for the company will be greatly missed.

“Steve’s decision to retire and help streamline our leadership team further supports the objectives of our business transformation plan as we remain focused on driving Aurora to become a profitable and robust global cannabis company.”

Dobler’s departure comes after Aurora recently staged a surprising recover over the past month following a 12-1 share consolidation on May 11. The share price shot up later in the month after the company announced a US$40-million takeover of hemp-derived CBD producer Reliva LLC.

As of this writing, Aurora shares are trading at $17.99 in Toronto.

Charlie Smith

I'm the editor of the Georgia Straight newspaper in Vancouver, as well as a CannCentral contributor.

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