Why Aurora Cannabis Is Issuing So Much Stock and Debt


Aurora Cannabis (NYSE: ACB ) is having a busy year raising its cash on hand. It filed a $750 million mixed shelf offering at the start of the month. In mid-January, it filed a $250 million aggregate principal amount of convertible senior notes due 2024. What is the company doing with all this money? And if markets continued to accumulate shares throughout the year, will the stock reward loyal holders?

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