Aurora Cannabis Inc (ACB)

[Lloyd Cannabinoid]

If or When required over the next 25 months is the key phrase. IF isn't a guarantee. They just want to shake the trees of the weak hands before some upcoming massive announcement.



What's new. Aurora filed a prospectus Tuesday night to sell $750 million in debt, equity, and other securities over the next 25 months. The stock fell on Wednesday as current investors took into account the potential for dilution.

"We have introduced this option as a prudent and long-term strategic measure to provide us with flexibility in access to growth capital, if or when required, to continue executing on our global expansion and partnering strategy," Executive Chairman Michael Singer said in a statement late Tuesday.