Aurora Cannabis Inc. (ACB) shares are experiencing an uptick today, likely influenced by the broader positive sentiment in the cannabis market. Recent data from LeafLink, published on November 27, 2024, highlights that retail cannabis sales in the United States hit a record in October, reaching approximately $2.8 billion. This represents a 6.2% increase from the previous year, indicating a robust growth trajectory for the industry. The report also projects that the U.S. cannabis market could grow to $55 billion by 2030, driven by new licenses in states like New York and New Jersey, which could be bolstering investor confidence in cannabis stocks, including Aurora Cannabis.
Aurora Cannabis Inc. (ACB) is currently trading at $4.54, marking a 3.06% increase from its previous close of $4.41.