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Billionaire Nelson Peltz is Getting Into the Cannabis Business

The billionaire Nelson Peltz is getting into the cannabis business.

Peltz, who is worth $1.6 billion according to Forbes, is the CEO and a founding partner of Trian Fund Management. He will join Aurora Cannabis as a strategic adviser, working with the company to "explore potential partnerships" and help with the company's global expansion strategy, according to a press release.

"Nelson is a globally recognized business visionary with a strong track record of constructive engagement to generate accelerated, profitable growth and shareholder value across many industry verticals that are of great interest to us," Aurora CEO Terry Booth said.

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