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Aurora Cannabis Stock Forecast: Is It Time to Invest?

 
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With the company's turnaround plan starting to bear fruit, risk-tolerant investors may want to consider this top marijuana stock.

description: an abstract image of a stock market chart with fluctuating lines representing the ups and downs of aurora cannabis inc.'s stock price. the colors of the lines vary from green to red, symbolizing the volatility of the market.

Aurora Cannabis Inc. (the 'Company' or 'Aurora') (NASDAQ: ACB) (TSX: ACB), the Canadian based leading global medical cannabis company, has been making headlines in the stock market recently. Cannabis stocks have rallied significantly amid legalization in Germany and renewed hopes of rescheduling in the U.S. with Aurora climbing to the top.

On Tuesday, Aurora Cannabis Inc.'s stock price was up 5%, trading as high as C$6.18. However, the stock is falling in early trading after the announcement that its CFO has resigned. This news has caused some uncertainty among investors, leading to fluctuations in the stock price.

Despite the recent challenges, Alberta-based Aurora Cannabis Inc. has agreed to sell up to 53.19 million common shares to Canaccord Genuity at a price of. This move indicates the company's commitment to growth and expansion in the cannabis market.

Investors are now wondering if Aurora Cannabis stock has become a better buy opportunity. With the company's potential major achievement on the horizon, many believe that now may be the right time to invest in this top cannabis stock.

Aurora Cannabis Inc. (TSE: ACB) is possibly approaching a major achievement in its business. As the company's turnaround plan starts to show positive results, risk-tolerant investors may find this stock appealing for its potential growth and performance.

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aurora cannabis inc.stock forecastinvestmentmarijuana stockmarketcfo resignationcanaccord genuitygrowthexpansionpotential achievement

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