24/7 Market News Snapshot 20 March, 2025 – Aurora Cannabis Inc. Common Shares (NASDAQ:ACB)

March 20, 2025

DENVER, Colo., 20 March, 2025 (247marketnews.com) – (NASDAQ:ACB) are discussed in this article.
Aurora Cannabis Inc. experienced a notable trading surge, opening at $4.35 and rising to $4.93, reflecting a remarkable increase of 13.64%. This movement follows a prior closing price of $4.34, indicating strong bullish sentiment within the market. Current trading volume has reached 1.73 million shares, signaling heightened investor interest. Key technical indicators suggest potential resistance around $5.00, with support levels possibly established near the recent low of $4.30. Investors are advised to observe moving averages, as a sustained break above $5.00 could indicate further upward potential. Overall, Aurora Cannabis is showcasing promising short-term performance in today’s trading session.

In parallel to its impressive market performance, Aurora Cannabis is also making significant strides in agricultural innovation from its Aurora Coast research and development facility. The company has successfully identified a new genetic resistance against the prevalent agricultural pathogen, powdery mildew, known as PM2. This groundbreaking discovery is anticipated to enhance cannabis cultivation by providing a sustainable means to protect cannabis sativa plants from this damaging disease.

The proprietary genetic marker technology is set to play a crucial role in Aurora’s breeding program, facilitating the development of powdery mildew-resistant cultivars that are expected to be commercially launched later this year. This advancement not only addresses a significant challenge for cannabis producers but also underscores Aurora’s commitment to scientific excellence within the industry.

Lana Culley, Vice President of Innovation and International Operations, emphasized the importance of this discovery, noting its potential to offer critical solutions in the global cannabis market. The research, spearheaded by Principal Scientist José Celedon in collaboration with a renowned university, highlights the benefits of genetic resistance as a sustainable agricultural strategy. Aurora Cannabis is committed to enhancing its product quality and biosecurity while minimizing costs, positioning itself as a leader in the evolving landscape of cannabis cultivation.

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