Why Aurora Cannabis Stock Is Rocketing Higher Today

Shares of Aurora Cannabis (NYSE: ACB) soared on Thursday after the marijuana producer said it reached an agreement to acquire a leading U.S.-based CBD brand. 

As of 2:50 p.m. EDT, Aurora's stock was up more than 28%.

After the market closed on Wednesday, Aurora announced that it struck a deal to acquire Reliva LLC, a popular retail cannabidiol (CBD) brand in the U.S.

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Source Fool.com