Market-wide risk sentiment affects the ACB stock forecast. A steady S&P/TSX Composite Index and lower volatility index readings may support a gradual climb, with analysts targeting CAD 1.16 over the next quarter. Slow progress in changing federal law will continue to both stymie Ayr’s growth potential. It also leaves the company, like other U.S.-based pot companies, stuck paying a higher amount of income taxes than they would if the business was deemed “fully legal” in the eyes of Uncle Sam. Delays in regulatory changes could make investors impatient. In turn, leading to a sell off for MSO stocks like AYRWF. Hence, you may want to wait for further weakness before getting back into such names. As empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, tracking such revisions for making an investment decision could be truly rewarding. Here is where the tried-and-tested Zacks Rank stock-rating system plays an important role, as it effectively harnesses the power of earnings estimate revisions. According to recent market data, ACB stock forecast suggests potential consolidation between CAD 0.82 and CAD 1.