Aurora Cannabis (ACB.T) is one of the largest LPs in the game. With an $8.7 billion market cap, supply deals across the country and an international presence, the sector takes notice when Aurora moves.
It’s been a volatile market for legal cannabis companies over the last year and Aurora hasn’t been immune to the effects.
In fact, the company accrued some sizable debt in 2018 which topped out at CAD$203 million, leading some investors to wonder if the company had the ability to grow and service its debt obligations at the same time.
Chris Parry, Equity.Guru founder, sat with Cam Battley, Aurora Cannabis’ chief corporate officer, to find out how the company is handling its debt-depressed bottom line and what the markets can expect from Aurora over the next 12 months.
Have a listen!