Acb stock price the ACB stock price experienced mild

The ACB stock price experienced mild volatility as Canadian cannabis market data revealed stronger-than-expected monthly sales. Such fundamentals could support a steady uptrend in coming sessions. The cannabis industry is not for the faint-hearted. While the industry has the potential to deliver outsized gains, it will require patience and a long-term horizon to see federal policies shift in favor of cannabis companies so that they may reach their full potential. Investors keen on the cannabis industry might want to keep a close watch on political developments, especially as Trump meets with lawmakers this week. Aurora Cannabis Inc. (ACB) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices. ACB stock price continues to hover above the $0.50 psychological mark, attracting retail traders looking for inexpensive entry points. Market chatter includes possible partnerships that could fuel future growth.