Replies to post #56655 on Aurora Cannabis Inc (ACB)

[Chicago-Paul]

Bankruptcy could happen.

ACB has $625 Million in Convertible Debt Outstanding that is coming due in March 2020.

And at $3.50 per share - no one is going to be converting.

So ACB is going to have to come-up with $625 Million in Cash or refinance the debt somehow.

Right now, ACB Shareholders should be wishing that ACB would have done a BIG DEAL at the same time Canopy got $4 Billion from Constellation.

Canopy getting $4 Billion in Cash from Constellation was a brilliant move.

CASH IS KING (especially for a start-up like Aurora).