Shares of Aurora Cannabis (NYSE: ACB) soared on Thursday after the marijuana producer said it reached an agreement to acquire a leading U.S.-based CBD brand. As of 2:50 p.m. EDT, Aurora's stock was up more than 28%. After the market closed on Wednesday, Aurora announced that it struck a deal to acquire Reliva LLC, a popular retail cannabidiol (CBD) brand in the U.S. Read More...
Why Aurora Cannabis Stock Is Rocketing Higher Today
Shares of Aurora Cannabis (NYSE: ACB) soared on Thursday after the marijuana producer said it reached an agreement to acquire a leading U.S.-based CBD brand. As of 2:50 p.m. EDT, Aurora’s stock was up more than 28%. After the market closed on Wednesday, Aurora announced that it struck a deal to acquire Reliva LLC, a popular retail cannabidiol (CBD) brand in the U.S.
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