Is Aurora Trying to do too Much?
Another day and another strategic agreement for Aurora, announcing this morning that they struck a deal with Capcium Inc. to produce high quality cannabis-based softgels for patients.
No surprise to anyone who follows Aurora, they also acquired a 19.99% ownership interest in Capcium by way of a non-brokered private placement for consideration of $10 million.
$9.5 million of that will be paid in common shares.
As much as Aurora has done to grow, and they have struck some very impressive deals no question, there still has to be concern over dilution at this point- maybe it's time to slow down a minute, not fight for headlines every day, and concentrate on the current operations.
Is that too much to ask or should they continue down this path?
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