Canadian MMJ Producer Announces $5M Equity Deal is accepting qualified medical marijuana patients and caregivers to join our network. We value every registered member and we hope to serve you in Arizona. This article brought to you by 420 community friends

One of Canada’s few licensed medical marijuana producers, Aurora Cannabis, said it has secured a $5 million equity investmentĀ from a New York-based investment firm, Alumina Partners

The deal calls for Alumina to purchase $5 million in shares and warrants from Aurora, a publicly traded company on the Canadian Securities Exchange under the ticker symbol ACB.

In a news release, Aurora said the deal will give it “financial flexibility and unilateral control over the financing of its working capital requirements, and provide access to capital.”

Aurora already operates a 55,200-square-foot cultivation facility in Alberta, and the deal suggests the company has

Canadian MMJ Producer Announces $5M Equity Deal is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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