Billionaire activist investor Nelson Peltz has resigned as a senior advisor to Aurora Hashish Inc. to pursue different commitments, the corporate introduced Monday.

Peltz first joined Aurora in March 2019 underneath a senior advisory providers settlement the place he was tasked with serving to the corporate devise a technique to discover a option to marry its hashish enterprise with the U.S. client market.

Peltz, a founding accomplice of Trian Fund Administration LP, a New York-based hedge fund with greater than US$9 billion in belongings underneath administration, was heralded on the time of his hiring to be a key a part of a broader U.S. play that might assist unlock potential partnerships with Aurora and different consumer-packaged items corporations.

– Learn all the article at BNN Bloomberg.