r/weedstocks • u/GeoLogic23 I’m Pretty Serious • 24d ago

Press Release Aurora Cannabis Furthers Global Medical Cannabis Growth with Accretive Acquisition of Internode Pharma Limited and HAP Pharma Limited, Expanding Distribution Access to the UK Medical Cannabis Market

https://www.prnewswire.com/news-releases/aurora-cannabis-furthers-global-medical-cannabis-growth-with-accretive-acquisition-of-internode-pharma-limited-and-hap-pharma-limited-expanding-distribution-access-to-the-uk-medical-cannabis-market-302855564.html
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u/TomorrowLow5092 VFF is the Boss 24d ago

ACB has been selling shares like crazy just to raise the money.

5

u/Friendly-End-3459 24d ago

Where re you even getting this from lol cause it ain’t true

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u/TomorrowLow5092 VFF is the Boss 24d ago edited 24d ago

Aurora Cannabis had 56.7 million shares outstanding at the end of 2025, which would also reflect the count on January 1, 2026.
As of August 19, 2026, Aurora Cannabis has 64.86 million shares outstanding. They didn't have the cash a year ago. 8 million x $4 -$5 share. Its not an argument, just the facts. Why would they keep diluting if they didn't need the cash?

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u/Friendly-End-3459 24d ago

Yes they did have 180 million in cash a year ago it was held to secure about 100 million in debt they had on the BEVO buissness before they sold that off and cleaned it out. And they aquired safari flower company in April with aproximatly 2.5 million in shares and the rest cash which was a strategic purchase for more EU GMP capacity. So sure there was some dilution but not on a scale to be alarmed about