Why Is Aurora Cannabis (ACB) Stock Up Today?

InvestorPlace2022-03-23

Aurora Cannabis(NASDAQ:ACB) stock is climbing after the firm announced that it had agreed to buy a peer, TerraFarma, for at least $38 million. In pre-market trading, ACB stock was up more than 7%.So ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Mindthink
2022-03-24
Mindthink
Ok
DirtyGreen
2022-03-24
DirtyGreen
Wow
DarkRaven
2022-03-24
DarkRaven
K
claratan
2022-03-24
claratan
Wow
KelvinChan
2022-03-24
KelvinChan
Like
kukumolu
2022-03-24
kukumolu
Buy grass

Leave a comment

144

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1148188166?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2022-03-23 22:46","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1148188166","market":"us","top_or_hot":-1,"title":"Why Is Aurora Cannabis (ACB) Stock Up Today?","media":"InvestorPlace","content":"<div>\n<p>Aurora Cannabis(NASDAQ:ACB) stock is climbing after the firm announced that it had agreed to buy a peer, TerraFarma, for at least $38 million. In pre-market trading, ACB stock was up more than 7%.So ...</p>\n\n<a href=\"https://investorplace.com/2022/03/why-is-aurora-cannabis-acb-stock-up-today/\">Source Link</a>\n\n</div>\n","source":"lsy1606302653667","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Is Aurora Cannabis (ACB) Stock Up Today?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Is Aurora Cannabis (ACB) Stock Up Today?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-23 22:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/03/why-is-aurora-cannabis-acb-stock-up-today/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Aurora Cannabis(NASDAQ:ACB) stock is climbing after the firm announced that it had agreed to buy a peer, TerraFarma, for at least $38 million. In pre-market trading, ACB stock was up more than 7%.So ...</p>\n\n<a href=\"https://investorplace.com/2022/03/why-is-aurora-cannabis-acb-stock-up-today/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ACB","symbol_name":"奥罗拉大麻公司","start_time":0,"source_url":"https://investorplace.com/2022/03/why-is-aurora-cannabis-acb-stock-up-today/","article_id":"1148188166","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1148188166","pubTimestamp":1648046799,"sourceInfo":{"source_id":"lsy1606302653667","name":"InvestorPlace"},"weMediaInfo":null,"summary":"Aurora Cannabis(NASDAQ:ACB) stock is climbing after the firm announced that it had agreed to buy a p","collect":0,"end_time":0,"defaultTopTitle":"investorplace.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"ACB":"奥罗拉大麻公司"},"translate_title":"为什么极光大麻(ACB)库存今天会增加？","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ACB":0.9},"content_text":"Aurora Cannabis(NASDAQ:ACB) stock is climbing after the firm announced that it had agreed to buy a peer, TerraFarma, for at least $38 million. In pre-market trading, ACB stock was up more than 7%.So why are investors reacting positively to the news? Well, TerraFarma owns Canada-based Thrive Cannabis.According to Aurora, “Thrive is a licensed producer of super-premium cannabis concentrates and craft dried flower, and leverages innovative cultivation and extraction techniques with a singular focus on achieving the highest quality standards.” Its flagship brand, Greybeard Cannabis, has won several awards.What Happened With ACB StockOver the last year, the market share of both Greybeard and Thrive’s other main brand, Being Cannabis, have quickly risen, Aurora stated. Using “sublingual THC and CBD strips,” Being Cannabis “is a wellness-oriented brand,” Aurora explained.After the deal closes, Thrive will manage Aurora’s recreational cannabis offerings, helping ACB sell more premium products. Thrive’s management has a great deal of experience in growing cannabis and creating cannabis products, Aurora reported.Aurora expects TerraFarma to boost its EBITDA, excluding certain items, immediately. Aurora noted that it intends to generate positive, adjusted EBITDA overall in the first half of its fiscal 2023.In addition to the $38 million of cash and ACB stock, Thrive can obtain other cash or stock considerations if it meets “certain revenue targets within two years” of the deal’s closing.Investors should note that Aurora Cannabis is down 30% for the year to date. Bulls may be hoping that Thrive Cannabis can help ACB on its path to turn things around.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9037830215,"gmtCreate":1648076776736,"gmtModify":1676534299873,"author":{"id":"4102837759709900","authorId":"4102837759709900","name":"Mindthink","avatar":"https://community-static.tradeup.com/news/89b965229f7209196369426d161728ee","vip":1,"crmLevel":2,"crmLevelSwitch":1,"idStr":"4102837759709900","authorIdStr":"4102837759709900"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9037830215","repostId":1148188166,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9037178533,"gmtCreate":1648073913162,"gmtModify":1676534299239,"author":{"id":"3574808684684286","authorId":"3574808684684286","name":"DirtyGreen","avatar":"https://static.tigerbbs.com/fa007b8422fe75437cf1ad74252b636a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3574808684684286","authorIdStr":"3574808684684286"},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9037178533","repostId":1148188166,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9037146583,"gmtCreate":1648071240190,"gmtModify":1676534298785,"author":{"id":"3578097586468199","authorId":"3578097586468199","name":"DarkRaven","avatar":"https://static.tigerbbs.com/f931425b992eebdac73826679fa69afc","vip":1,"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":8,"crmLevelSwitch":1,"idStr":"3578097586468199","authorIdStr":"3578097586468199"},"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9037146583","repostId":1148188166,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9037146203,"gmtCreate":1648071202320,"gmtModify":1676534298785,"author":{"id":"3573731928321338","authorId":"3573731928321338","name":"claratan","avatar":"https://static.tigerbbs.com/9c6bbdac9048ff2e4b740f272576e2be","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3573731928321338","authorIdStr":"3573731928321338"},"htmlText":"Wow&nbsp;","listText":"Wow&nbsp;","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9037146203","repostId":1148188166,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9037143416,"gmtCreate":1648070450786,"gmtModify":1676534298702,"author":{"id":"3570776252336545","authorId":"3570776252336545","name":"KelvinChan","avatar":"https://static.tigerbbs.com/322f5dea7567e161ddef26aec462d83d","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3570776252336545","authorIdStr":"3570776252336545"},"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9037143416","repostId":1148188166,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9037165495,"gmtCreate":1648051610067,"gmtModify":1676534297987,"author":{"id":"3581984006176179","authorId":"3581984006176179","name":"kukumolu","avatar":"https://static.tigerbbs.com/968c9b6dacd85f184faef66f2db6a7a7","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581984006176179","authorIdStr":"3581984006176179"},"htmlText":"Buy grass","listText":"Buy grass","text":"Buy grass","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9037165495","repostId":1148188166,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":144,"commentSize":9,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1148188166"}