Business

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

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.

Interest in the company shot up following report of talks with Coca-Cola Co. to develop pot-infused drinks

Cannabis seedlings are shown at an Aurora Cannabis facilty, Friday, November 24, 2017 in Montreal. Aurora Cannabis Inc. has applied to list its shares on the New York Stock Exchange. (Ryan Remiorz/Canadian Press)

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.

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.

Speculation about Coca-Cola deal

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

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.