RE:ACB tooo much debt and high shares outmanmillion37 wrote: Just my view . CGC is excellent but this ACB management is taking too much debt and business bold with too much debt will eventually go down in my view
I disagree and remember they only started selling January of this year.
Quote: Of the $15 million in proceeds, $4 million was used immediately to deleverage Aurora’s balance sheet of high interest, senior secured debt. By also replacing a debt with higher interest for debt with a lower interest rate, decreases the liability of the Company and increases free cash flow as interest payments are reduced.
Revenue Growth: If this growth continues, which is likely with the state of the market and the continued growth in its customer base, Aurora Cannabis could become cash-flow positive from operations as early as December 2016 which should help the Aurora Cannabis stock price.