Bullish Case: Upcoming DEA rescheduling could reduce taxes, potentially lowering costs and increasing profitability for ACB. Recent market gains suggest revived investor sentiment, underpinning a promising outlook.


Bearish Case: Despite the bullish signals, ACB battles years of losses with significant market skepticism. Current price significantly below historical highs, implying persistent investor doubts and financial fragility.


Potential Outcomes:

1. DEA rescheduling lifts sector, boosting ACB's market stance (60%).

2. Without structural business improvements, high volatility and investor skepticism lead to retesting lows (40%).


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April 30, 2024


Aurora Cannabis Forecast

ACB        Aurora Cannabis
Price Forecast: BULLISH    Price Action: TRENDING (?)











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