It is worth noting here that none of Aurora's competitors is likely to raise cash through an equity offering. Tilray Inc. ( NASDAQ: TLRY ), Canopy Growth Corp. ( NYSE: CGC ), Cronos Group Inc. (NASDAQ: CRON), CannTrust Holdings Inc. ( NYSE: CTST ) and OrganiGram Holdings Inc. ( NASDAQ: OGI ) traded down on the year by 75.69%, 27.07%, 32.18%, 82.14% and 41.40%, respectively, in 2019. None is in a position to offer more equity, further diluting the stock.