Aurora Cannabis Eyes Expansion With Legalization on the Horizon

Aurora Cannabis eyes expansion with legalization on the horizon

Flickr / Cannabis Pictures / (CC BY 2.0)

As Canada heads toward legalization of marijuana, Alberta producer Aurora Cannabis is focused on expansion with ambitions to raise a $160-million “war chest” from investors who are anxious to profit from what is expected to be a multibillion industry.

According to one analyst, Aurora has been raising more money recently than any other cannabis company in Canada, and perhaps beyond, to prepare for legalization, now expected by mid-2018.

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