Aurora Cannabis Stock Is Up Because It Just Won a Big Marijuana Deal in Germany

Aurora Cannabis stock got a boost Friday after the marijuana company announced it was one of three firms selected to cultivate and distribute medical cannabis in Germany. The back story. Aurora Cannabis stock (ACB) fell earlier this week after the company filed a prospectus to sell $750 million in debt, equity, and other securities over the next 25 months. That made current investors consider the potential for dilution. Executive Chairman Michael Singer did reference a…

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Author: Connor Smith, Barron’s