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Tag: ACB STOCK PRICE

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Cannabis Stocks to Watch in 2022

Companies involved in the cannabis industry work on developing, manufacturing, and distributing cannabis products, as well as companies that support them indirectly. Growing numbers of regions around the world are legalizing cannabis, which has made traditional stock market indices like the NASDAQ include more companies in this industry. There is an expectation that the cannabis industry will grow by at least 25% every year by 2030, and investors are eager to take advantage of the growth. Businesses and entrepreneurs are increasingly capable of taking advantage of cannabis decriminalization or legalization, particularly in states and countries that have already decriminalized or

Aurora Cannabis Inc. (ACB) Stock Taking Solid Steps Ahead, Here’s Why

 Aurora Cannabis Inc. (ACB), a company involved in the cannabis business, has gained an increase of 6.25% in the premarket trading session. Consequently, ACB was trading at $3.91 when last checked. During Tuesday’s regular trading session, the stock price increased by 6.05% to close the day at $3.68. The continuous increase could be attributed to advancements in premiumization strategy. Acquisition Agreement with TerraFarma Hours ago, ACB announced to have reached an acquisition agreement with TerraFarma Inc. The agreement deals with the acquisition of all of the shares of TerraFarma Inc. The agreement is based upon an aggregate consideration of $38 million, which