Aurora Cannabis Inc. - Common Shares (ACB)
3.6500
-0.1700 (-4.45%)
Aurora Cannabis Inc. is a leading company in the cannabis industry, primarily focused on the production and distribution of medical and recreational cannabis products
With a commitment to sustainability and innovation, the company cultivates a diverse range of cannabis strains and products, including dried flower, oils, and edibles, aimed at meeting the demands of consumers and patients alike. Aurora operates through a network of facilities and has established a strong presence in multiple international markets, working to advance the understanding and benefits of cannabis through research and development. The company is dedicated to promoting responsible usage and prioritizes quality and compliance within its operations.
420 with CNW — US Border Patrol Asks Court to Dismiss Businesses’ Lawsuit on Marijuana Seizures in New Mexico
The U.S. Customs and Border Protection (CBP) and Department of Homeland Security (DHS) are asking a federal judge to dismiss a case brought by New Mexico-licensed cannabis businesses. The businesses allege that the agencies unlawfully seized state-regulated cannabis products and arrested staff members at checkpoints within the state.
Via CannabisNewsWire · January 24, 2025
420 with CNW — Study Explores the Ethical Complexities Linked to Undertaking Marijuana Research Funded by Industry Actors
Researchers from the Center for Addiction and Mental Health (CAMH) are exploring the ethical implications of marijuana research that’s largely funded by actors with industry interests. Prior to the recent wave of state-level legalization, studying the potential risks and benefits of marijuana was practically impossible, making the recent rush of cannabis-related studies even more important for the fledgling cannabis market.
Via CannabisNewsWire · December 30, 2024
420 with CNW — Pennsylvania House Democrats Give Marijuana Legalization Another Go
Democrats in Pennsylvania are making another attempt to legalize cannabis through new legislation spearheaded by state Representatives Dan Frankel from Allegheny County and Rick Krajewski from Philadelphia. They are currently seeking co-sponsors for their proposal, marking the latest effort in a series of attempts over recent years to address cannabis legalization in the state.
Via CannabisNewsWire · December 16, 2024
Judge Halts Upcoming Minnesota Marijuana Business License Lottery
Last week, a judge in Ramsey County stopped a lottery that would’ve awarded marijuana licenses in Minnesota. This is a huge setback for regulators in the state, who are prepping for legal sales come 2025.
Via CannabisNewsWire · December 3, 2024
420 with CNW — Australian Parliament to Vote on Cannabis Legalization This November
Australian legislators are preparing to vote on legislation that could pave the way for adult-use cannabis legalization across the nation. Senator David Shoebridge of the Greens Party, who has spearheaded the effort, announced on social media that the proposed bill is scheduled for a vote in Parliament on November 27.
Via CannabisNewsWire · November 22, 2024
420 with CNW — Researcher Files Lawsuit to Block Marijuana Rescheduling Hearing
David Heldreth, CEO and founder of Panacea Plant Sciences, has filed a federal court lawsuit, claiming the DEA breached several legal protocols in preparing for a hearing on the Biden administration’s proposal to reclassify marijuana. The suit urges the court to issue an injunction halting the DEA’s scheduled hearing until these legal concerns are addressed.
Via CannabisNewsWire · November 14, 2024
420 with CNW — New Jersey Marijuana Advocates Discuss the Possibility of Increasing the Fee for Social Equity
Advocates in New Jersey are currently debating whether the state’s Marijuana Regulatory Commission should raise the fee directing revenue from recreational cannabis sales to fund social equity initiatives and support communities affected by past drug policies. The commission is set to meet soon to determine the fee rate that will apply starting January 1. Presently, the fee is set at $1.24 per ounce .
Via CannabisNewsWire · November 4, 2024
420 with CNW — Federally-Financed Studies Reveal Developmental Issues or Autism Aren’t Linked to Maternal Marijuana Use
Two new studies funded by the federal government may help reduce some concerns about cannabis use during pregnancy . One study found no link between early cannabis use in pregnancy and the development of autism in children, while the other showed no connection to an increased risk of developmental delays in early childhood.
Via CannabisNewsWire · October 24, 2024
Research Explores How Adult-Use Legalization in Canada Affects Medical Marijuana
On Oct. 17, 2018, the Canadian government legalized the recreational use of marijuana. Given the legislation’s upcoming sixth anniversary, one researcher believes the time has come to assess how the process has impacted the medical marijuana market.
Via CannabisNewsWire · October 11, 2024
420 with CNW — Officials in Ukraine Approve Medical Marijuana Qualifying Conditions
The government of Ukraine recently approved a list of medical conditions that qualify for medical marijuana following the enactment of the country’s marijuana legislation by President Volodymyr Zelensky. The Ministry of Health shared a list of roughly 20 medical conditions eligible for marijuana treatment, noting that more conditions could be included later if medically approved.
Via CannabisNewsWire · October 7, 2024
Fueled by evolving regulations and strong market growth, the cannabis sector has emerged as a potentially lucrative long-term investment opportunity.
Via MarketBeat · October 2, 2024
420 with CNW — Michigan Cannabis Sales Boom as Recreational Sales Begin in Ohio
Last month, Ohio kicked off its recreational cannabis sales, raising questions about how this would impact Michigan’s already thriving industry, which attracts many Ohio customers. Michigan had become a popular destination for Ohio residents seeking cannabis, with many dispensaries conveniently located near the state border in cities such as Morenci and Monroe.
Via CannabisNewsWire · September 24, 2024
420 with CNW — New Research Shows Cannabis Users Fared Better During COVID-19
According to a recent study, individuals who use cannabis are less likely to die, require a ventilator or suffer from extreme COVID-19 infections . Researchers from New York’s Northwell Health conducted the study, which was just released in the peer-reviewed “Cannabis and Cannabinoid Research” journal.
Via CannabisNewsWire · September 13, 2024
420 with CNW — Could Marijuana Reclassification Be Answer to Maintaining Medicare?
The U.S. Justice Department took significant steps toward changing the legal status of cannabis in May by beginning the process to move the substance from schedule 1 to schedule 3, a less-restrictive category under federal drug laws. This shift is noteworthy because it reflects the recommendations of medical experts at the U.S. Department of Health and Human Services (HHS), who have recognized that cannabis now has an accepted medical use. Equally crucial is that reclassifying marijuana could boost much-needed research into its medical potential.
Via CannabisNewsWire · September 4, 2024
420 with CNW — California Senators Pass Bill Authorizing Cannabis Growers to Sell at Farmers’ Markets
California Senate lawmakers have advanced a bill that would grant small cannabis cultivators a new license to sell directly to consumers at state-run farmers’ markets and other transient events. Additionally, the bill would allow adults to use cannabis at events that have been approved.
Via CannabisNewsWire · August 26, 2024
420 with CNW — Nebraska’s Judiciary Committee Considers Measures to Legalize, Regulate, Tax Adult-Use Marijuana
The Nebraska Judiciary Committee recently reviewed two proposals aimed at legalizing cannabis for adults aged 21 and older. Senator Justin Wayne introduced LB52, which outlines a regulatory structure for the marijuana industry, including a 25% sales and excise tax on marijuana products. The tax revenue would be allocated to the Education Future Fund.
Via CannabisNewsWire · August 14, 2024
Canopy Growth and Aurora Cannabis demonstrate contrasting strategies in the cannabis sector, each seeking profitability in a challenging market.
Via MarketBeat · August 9, 2024
420 with CNW — Kentucky Governor Writes to DEA Admin Supporting Federal Marijuana Reform
Kentucky Governor Andy Beshear recently wrote to Anne Milgram, the U.S. Drug Enforcement Administration (DEA) administrator, to voice his backing of the Department of Health and Human Services’ proposal to relax cannabis restrictions. The proposal advocates for moving marijuana from Schedule 1 to Schedule 3 of the Controlled Substances Act (CSA).
Via CannabisNewsWire · July 25, 2024
420 with CNW — Tax Exemptions That Companies Could Access Once Cannabis Rescheduling Is Complete
The marijuana industry has been significantly hindered by Section 280E of the IRS Code, which prevents businesses dealing with substances listed in Schedules 1 and 2 of the Controlled Substances Act (CSA) from deducting regular business expenses.
Via CannabisNewsWire · July 16, 2024
420 with CNW — Marijuana Operators in Pennsylvania Complain About Software Mandated by Regulators
Pennsylvania’s medical cannabis market generated more than $1.3 billion in sales in 2023, despite numerous issues and outages with the state’s mandated track-and-trace software . Operators claim these problems could be avoided if the software provided by MJ Freeway functioned correctly.
Via CannabisNewsWire · July 5, 2024
Aurora Cannabis reports record annual adjusted EBITDA, signaling a potential shift towards sustained profitability.
Via MarketBeat · June 21, 2024
Poll Finds Most Individuals Use Cannabis to Manage Pain, Fruity Strains Preferred
A new survey has determined that about 25% of cannabis consumers use the drug to manage pain, with most revealing that they preferred fruity strains. The poll analyzed the responses of more than 6,500 consumers of cannabis who were asked questions on their preferences as well as their desired effects, consumption times and flavor profiles.
Via CannabisNewsWire · June 17, 2024
AI Helping to Optimize Marijuana Cultivation
The use of machine learning in indoor marijuana cultivation facilities is increasing, with growers using advanced cameras and sensors to sound alarms on threats such as disease or pests, decrease labor costs linked to different level growing tasks and maintain optimal conditions for plant growth.
Via CannabisNewsWire · June 5, 2024
420 with CNW — Marijuana Research Hurdles Could Remain Despite Federal Rescheduling
The Biden administration’s decision to reclassify cannabis as a less-harmful drug might ease some research challenges, though s cientists caution that obstacles will persist . Ziva Cooper, director of the UCLA Center for Marijuana and Cannabinoids, described this moment as historically significant but expressed cautious optimism about the actual implementation of these changes.
Via CannabisNewsWire · May 30, 2024
420 with CNW — White House Noncommittal on Biden’s View of DOJ’s Stand on Cannabis Reclassification
The White House hasn’t disclosed whether President Joseph Biden backs the U.S. Department of Justice’s (DOJ) proposal to reclassify cannabis after a review he initiated. During a conversation with Karine Jean-Pierre, the White House press secretary, reporters asked questions regarding the president’s stance on the DOJ’s proposal to shift marijuana from Schedule I to III.
Via CannabisNewsWire · May 17, 2024