October 9, 2018 7:42 am
Updated: October 12, 2018 10:01 am

Aurora Cannabis seeks to list its shares on the New York Stock Exchange

WATCH ABOVE: The recreational use of cannabis will be legal in less than two weeks. Ahead of that historic date, the government has embarked on a multi-million dollar marketing blitz. David Akin has a look at the unprecedented advertising campaign.

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Marijuana company Aurora Cannabis Inc. has applied to list its shares on the New York Stock Exchange.

The shares are expected to trade in New York under the ticker symbol ACB, the same as its listing on the Toronto Stock Exchange.

READ MORE: Edmonton-based Aurora Cannabis ‘more than ready’ with pot supply ahead of legalization

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The Edmonton-based company says the listing is subject to the approval of the New York Stock Exchange, and the satisfaction of all listing and regulatory requirements.

Aurora expects trading on the NYSE to start before the end of the month.

READ MORE: Canadian weed stocks are skyrocketing as legalization looms — but should you invest?

Shares in the company soared last month following a report by BNN Bloomberg that Aurora was in talks with Coca-Cola Co. to develop pot-infused drinks.

However, Aurora said at the time that while it does engage in exploratory talks from time to time, there was no deal to announce.

Canada will legalize marijuana for adult use on Oct. 17.

READ MORE: 17 Alberta shops will sell cannabis on 1st day of legalization

© 2018 The Canadian Press

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