Aurora Cannabis (ACB), a prominent player in the cannabis industry, announced today that it’s increasing the size of a secured credit facility to 360 million Canadian dollars ($280 million) from $200 million Canadian dollars.
Interesting article about how Aurora is increasing its secured credit. This is good news for them especially at a time when Aurora can makes some purchases of smaller companies at a discount. I'd like to see them put some of that money to work as the whole cannabis market continues its sharp correction.
Read the full story here.....
https://articles2.marketrealist.com/2019/08/aurora-cannabis-upsizing-secured-credit-facility/
