Aurora Cannabis Surged 21% on Possible Cannabis Reclassification in the U.S. Is ACB Stock Finally a Good Buy? [Yahoo! Finance Canada]
Aurora Cannabis Inc. - Common Shares (ACB)
Company Research
Source: Yahoo! Finance Canada
Cannabis stocks , including Aurora Cannabis TSX:ACB ), exploded higher on Friday as reports surfaced that President Donald Trump plans to reclassify marijuana from Schedule I to Schedule III. This reclassification could potentially reshape an industry long constrained by federal prohibition in the U.S. Aurora Cannabis surged 21% alongside sector peers as investors anticipated the regulatory shift that would align cannabis with common prescription medications rather than with heroin and LSD (lysergic acid diethylamide). The Washington Post cited six sources to “confirm” Trump's intention to issue an executive order directing the Justice Department to implement rescheduling. The potential reclassification would primarily improve operating conditions for cannabis companies in the United States. For instance, marijuana producers will now have access to traditional banking relationships and standard business tax deductions under Section 280E. Moreover, it will open doors for pharmac
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ACB
News
- Is Aurora Cannabis (TSX:ACB) Quietly Repositioning Its Global Strategy Ahead of Possible U.S. Rescheduling? [Yahoo! Finance]Yahoo! Finance
- Aurora Cannabis (ACB) Expands Global Footprint With New Europe and Australia Deals [Yahoo! Finance]Yahoo! Finance
- Assessing Aurora Cannabis (TSX:ACB) Valuation After New Australia–New Zealand Leadership Appointment [Yahoo! Finance]Yahoo! Finance
- Trump expected to sign EO to reclassify marijuana as soon as Monday, CNBC says [Yahoo! Finance]Yahoo! Finance
- Aurora Expands Leading Portfolio of High-Potency Medical Flower Products in Poland [Yahoo! Finance]Yahoo! Finance
ACB
Earnings
- 11/5/25 - Miss
ACB
Sec Filings
- 11/5/25 - Form 6-K
- 11/5/25 - Form 6-K
- 10/23/25 - Form 6-K
- ACB's page on the SEC website