Aurora Cannabis (ACBFF) Heats Up as Canadian Legalization Looms
On October 17, cannabis legalization comes to Canada.
It’s not just a matter of adults using recreational weed, although that’s gotten the most attention. Cannabis legalization also means consumers will find cannabis in various products, including those involving nutraceuticals, cosmetics and over-the-counter sleep and pain medications. Coca Cola (KO) is reportedly in talks with Aurora Cannabis (ACBFF) to develop cannabis-infused beverages. The company, with operations on five continents, has a production capacity of 500,000 kilograms of marijuana annually.
Aurora Cannabis announced this week that it intends to trade on the NYSE under the ACB ticker. Should the NYSE accept the stock, the Alberta-based company will delist from U.S. OTC trading. The company hopes to trade on the NYSE by the end of the month.
Rival Canopy Growth Corp (CGC) is already on the NYSE, and announced exportation of medical marijuana into the U.S., an import approved by the U.S. Drug Enforcement Administration. A company backed by Canopy Growth, TerrGrowth announced Tuesday it would enter the U.S. marijuana market, providing product in states where cannabis is legal.
Aleafia (ALF) also announced today that it will trade its shares on NASDAQ. The company debuted on the Toronto Stock Exchange in March after merging with Canabo Medical. It recently partnered with Cronos Group for an insomnia study.
Tilray (TLRY), the largest and most volatile of cannabis stocks and the first listed on NASDAQ, continues its ascent, but traders are shorting more than one third of its shares. While shares of the company have risen more than 500 percent since its July IPO, they peaked at $300 in mid-September and have since halved.
Momentum Indicator for KO turns negative, indicating new downward trend
KO saw its Momentum Indicator move below the 0 level on July 14, 2025. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 84 similar instances where the indicator turned negative. In of the 84 cases, the stock moved further down in the following days. The odds of a decline are at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Moving Average Convergence Divergence Histogram (MACD) for KO turned negative on July 09, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 44 similar instances when the indicator turned negative. In of the 44 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where KO declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where KO's RSI Oscillator exited the oversold zone, of 24 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 51 cases where KO's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
KO moved above its 50-day moving average on July 17, 2025 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where KO advanced for three days, in of 348 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 280 cases where KO Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 69, placing this stock better than average.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (10.081) is normal, around the industry mean (6.809). P/E Ratio (24.567) is within average values for comparable stocks, (32.900). Projected Growth (PEG Ratio) (3.054) is also within normal values, averaging (5.903). Dividend Yield (0.031) settles around the average of (0.026) among similar stocks. P/S Ratio (5.754) is also within normal values, averaging (3.355).
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. KO’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
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General Information
a manufacturer of non-alcoholic beverages
Industry BeveragesNonAlcoholic
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