The Canadian company defining the future of cannabinoids worldwide, Aurora Cannabis, has once again scored the highest among corporate cannabis boards, according to The Globe and Mail’s recently shared board game report. According to the data in this report, Aurora was able to score 77 out of 100 eligible points, which as a result, placed it clearly higher than any other group of cannabis companies in its category.
The Report on Business has spent two decades evaluating the boards of directors and governance practices of the largest corporations in the entire Canadian state within the S&P/TSX Composite using an exhaustive set of governance criteria and conditions designed to go well beyond the minimum mandatory rules imposed by regulators in the country.
Board Composition, Shareholder Rights, Shareholding and Compensation and Disclosure are the four categories evaluated in this report. Aurora’s score this year signifies a notable and substantial improvement over previous editions. In 2020, the company scored 72 points, while in 2019, its score was only 67. The continued increase is a reflection of its ability to activity fine-tune its operations.
“With each passing year, Aurora continues to exhibit growth and maturity across all areas of the business. Our improved ranking in the 2021 Board Games report is a strong indication of the progress we are making as an organization as we continue to identify ways in which our policies and practices can better serve our stakeholders. I am proud and honored to be part of a Board that stands out from its peers and demonstrates strength in governance, strategic direction and accountability,” said Ronald Funk, Chairman of Aurora.
This year’s proxy statement and financial information are now online. Those interested in viewing and checking it can visit the company’s website. Aurora continues to be one of the leading companies in the cannabis industry, and news like this comes as a clear example of that.