LQSIF - Demystifying Aurora's $700 Million Investment Portfolio
Aurora Cannabis (ACB) pioneered the approach of vertical integration in the cannabis space by making direct equity investments in a number of companies along the cannabis value chain. The company has accumulated an investment portfolio worth ~$700 million at the end of Q3, although the figure is likely much lower now given the recent market volatility.
(All amounts in C$ unless otherwise noted)
$700 Million Portfolio
Aurora's portfolio consists of three types of investments:
- $346 million of marketable securities
- $139 million of derivative securities
- $200 million of investments in associates and joint ventures