ACB Stock Likely to Gain From Genome BC-Funded Aroma Research Project [Yahoo! Finance]
Aurora Cannabis Inc. - Common Shares (ACB)
Company Research
Source: Yahoo! Finance
ACB has announced a research grant for the University of British Columbia (“UBC”) by Genome British Columbia (Genome BC), a not-for-profit organization supporting world-class genomics research and innovation in British Columbia. The collaborative project, titled “Genomics-enabled Aroma Breeding in Cannabis”, will directly support Aurora's genetics work and focus on validating genetic and chemical markers for fruity aroma in cannabis. ACB Stock's Trend Following the News After the announcement, ACB shares fell 0.6% yesterday, closing at $5.37. Meanwhile, the latest collaboration with UBC underscores Aurora's dedication to innovation and scientific advancement in the cannabis sector. The genetics research aligns with its breeding goals and is set to enhance its breeding program with greater accuracy and efficiency on consumer-focused traits, driving future innovations. As a result, we anticipate that this development will positively boost market sentiment toward the stock. The Can
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ACB
Sec Filings
- 11/6/24 - Form 6-K
- 11/6/24 - Form 6-K
- 10/25/24 - Form 6-K
- ACB's page on the SEC website