Aurora Cannabis Inc. (ACB) has been a topic of discussion on Reddit forums, with users focusing on the company's recent expansion of its medical portfolio. The introduction of five new premium cannabis products has sparked mixed reactions. Some users are optimistic, with one commenting, "Looking for $50. … Moon?… $10?" However, others are less impressed, dismissing the news as a "nothing burger," noting that one of the products, Sedeman, has been available for years.
In another thread, discussions veered towards the broader cannabis market, particularly in Australia, where a recent vote failed to pass cannabis legalization. Despite this setback, some Redditors believe Aurora's focus on medical cannabis through its Medrealef Australia division is a strategic move. One user remarked, "It is beginning to appear that Aurora is doing exactly the right thing focusing on medical cannabis," highlighting expectations for growth in Australia's medical cannabis market.
Aurora Cannabis Inc. (ACB) is currently trading at $4.4994, reflecting a 2.03% increase from the previous close.