An Expanding Legal Marketplace Fosters Innovation in the Cannabis Industry
Aurora Cannabis Inc. - Common Shares (ACB)
Company Research
Source: PR Newswire
NEW YORK, Jan. 20, 2021 /PRNewswire/ -- The legalization of medical cannabis and its decriminalization in some countries has led to a significant decrease in the black market. Customers are now choosing to legally purchase cannabis products for medical as well as adult use. Typically, medical marijuana is used for the treatment of chronic conditions, such as cancer, arthritis, and neurological conditions, such as anxiety, depression, epilepsy, as well as Parkinson's, and Alzheimer's disease. In the recent election, the state of New Jersey voted in favor of legalization, yet some legislative obstacle remain. Nevertheless, other states are expected to follow. Matthew Schweich, Deputy Director of pro-legalization advocacy group, Marijuana Policy Project, explained, according to Politico that "we're now working in very red states… If we win in Mississippi, Montana and South Dakota … it becomes more difficult for those senators to oppose legislation that allows their home states to impleme
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ACB
Analyst Actions
- 2/8/24 - CANACCORD
ACB
Sec Filings
- 3/1/24 - Form 6-K
- 2/16/24 - Form 6-K
- 2/8/24 - Form 6-K
- ACB's page on the SEC website