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Bullish Case: ACB recent surge and DEA’s potential rescheduling hint at market expansion and reduced tax burdens, possibly reviving investor sentiment.


Bearish Case: Despite recent gains, ACB’s long-term downtrend and low price to book ratio reflect underlying investor skepticism and financial fragility.


Potential Outcomes:

1. DEA reschedules cannabis, lifting sector; ACB up (40%).

2. Hype fades; ACB retests lows (60%). Timing: short to mid-term.


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April 04, 2024


Aurora Cannabis Forecast

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






Correlated Stock Forecasts

Assets that tend to move strongly with ACB



JANX Forecast + Options Trading Strategies   [JANX]  Janux Therapeutics (0.77)


EBAY Forecast + Options Trading Strategies   [EBAY]  EBay (0.75)


BCS Forecast + Options Trading Strategies   [BCS]  Barclays (0.73)


CNK Forecast + Options Trading Strategies   [CNK]  Cinemark (0.72)


NKTR Forecast + Options Trading Strategies   [NKTR]  Nektar Therapeutics (0.67)



Uncorrelated Stock Forecasts

Assets with little price relationship to ACB



BMBL Forecast + Options Trading Strategies   [BMBL]  Bumble (0.0)


RPM Forecast + Options Trading Strategies   [RPM]  RPM International (-0.0)


UBER Forecast + Options Trading Strategies   [UBER]  Uber (-0.0)


KD Forecast + Options Trading Strategies   [KD]  Kyndryl (-0.0)


USD Forecast + Options Trading Strategies   [USD]  ProShares Ultra Semiconductors (-0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against ACB



FSK Forecast + Options Trading Strategies   [FSK]  FS KKR (-0.55)


WMT Forecast + Options Trading Strategies   [WMT]  Walmart (-0.6)


TDS Forecast + Options Trading Strategies   [TDS]  Telephone And Data Systems (-0.61)


SIRI Forecast + Options Trading Strategies   [SIRI]  Sirius XM (-0.63)


IGV Forecast + Options Trading Strategies   [IGV]  BlackRock Institutional Trust Company N.A. - iShares Expanded Tech-Software Sector (-0.63)





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