Trump Signs Executive Order to Reclassify Cannabis as Schedule III Drug
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 18 2025
0mins
Should l Buy ACB?
Alliance Global notes that President Donald Trump signed an executive order directing the Department of Justice to finalize the proposed rule to reclassify cannabis to a Schedule III drug and called on Congress to work to provide patients access to full-spectrum CBD products. While there was some speculation that a mandate for cannabis banking would be included in the order, the fact it was not within the EO "does not mean it can't come at another time," says the analyst, who also notes that President Trump has already announced support for cannabis banking in the past. Publicly traded companies in the cannabis space include Innovative Industrial Properties (IIPR), Aurora Cannabis (ACB), CV Sciences (CVSI), Canopy Growth (CGC), Cronos Group (CRON), Goodness Growth (GDNSF), Green Thumb Industries (GTBIF), IGC Pharma (IGC), Tilray (TLRY), Trees Corporation (CANN) and Trulieve Cannabis (TCNNF).
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Analyst Views on ACB
Wall Street analysts forecast ACB stock price to rise
3 Analyst Rating
3 Buy
0 Hold
0 Sell
Strong Buy
Current: 3.600
Low
6.28
Averages
6.77
High
7.39
Current: 3.600
Low
6.28
Averages
6.77
High
7.39
About ACB
Aurora Cannabis Inc. is a Canada-based medical cannabis company. The Company’s principal business lines are focused on the production, distribution and sale of cannabis and cannabis-derivative products in Canada and internationally. The Company’s segments include Cannabis and Plant Propagation. The Company's adult-use brand portfolio includes Drift, San Rafael '71, Daily Special, Tasty's, Being and Greybeard. Its medical cannabis brands include MedReleaf, CanniMed, Aurora and Whistler Medical Marijuana Co, as well as international brands, Pedanios, IndiMed and CraftPlant. The Company also holds a 50.1% controlling interest in Bevo Farms Ltd., a supplier of propagated vegetables and ornamental plants in North America. Its subsidiaries include Aurora Cannabis Enterprises Inc., Aurora Deutschland GmbH, Whistler Medical Marijuana Corporation, and Indica Industries Pty Ltd., among others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Aurora Cannabis to Discuss Growth Strategy at Health Care Conference
- Conference Participation: Aurora Cannabis will participate in TD Cowen's 46th Annual Health Care Conference on March 2, 2026, where CFO Simona King will engage in discussions, likely drawing investor attention to its international leadership and market opportunities.
- Market Trends Discussion: The conference will address significant shifts in the global medical cannabis industry and market forces, with Aurora aiming to reinforce its market leadership by showcasing its excellence in Canadian manufacturing.
- Completion of Bevo Transaction: Aurora announced the completion of its transaction with Bevo Agtech Inc., previously disclosed on February 4, 2026, marking a strategic advancement in expanding its product lines and market share.
- Global Expansion Strategy: As a global leader in medical cannabis, Aurora is committed to improving patient lives through scientific expertise and high-quality products, and will continue to seek high-margin opportunities in Canada, Europe, and other markets.
See More
Aurora Cannabis to Discuss Growth Strategy at TD Cowen Conference
- Conference Participation: Aurora Cannabis CFO Simona King will participate in TD Cowen's 46th Annual Health Care Conference on March 2, 2026, where she is expected to engage in one-on-one meetings with investors, showcasing the company's leadership in the global medical cannabis market.
- Market Trends Discussion: The conference will explore significant shifts in the global medical cannabis landscape and their impact on industry growth, with Aurora sharing insights on its excellence in Canadian manufacturing, further solidifying its market position.
- Completion of Bevo Transaction: Aurora announced the completion of its transaction with Bevo Agtech Inc., initially announced on February 4, 2026, marking a significant step in expanding its product lines and market share.
- Global Expansion Strategy: As a global leader in medical cannabis, Aurora is committed to improving patient lives through scientific expertise and high-quality products, and will continue to expand its operations in markets such as Canada, Europe, and Australia.
See More
Aurora Expands Product Line in Australia and New Zealand
- Market Expansion Strategy: Aurora Cannabis is launching new products in Australia and New Zealand, including two THC flower products and four resin cartridges, aimed at meeting the needs of patients and prescribers for high-quality medical cannabis, thereby enhancing its leadership position in international markets.
- Product Diversification: The introduction of Big Wave™ and Night Ride™ in New Zealand, along with the upcoming Half Moon™ product, showcases Aurora's ongoing commitment to product innovation, which is expected to enhance patient choice and experience, further solidifying market share.
- Quality Assurance: All new products are derived from Aurora's proprietary genetics and manufactured in EU-GMP and TGA-GMP certified facilities, ensuring safety and high quality, which enhances customer trust and brand loyalty.
- Long-term Investment Commitment: Aurora has pledged to continue investing in the Australian and New Zealand markets to support the evolving needs of patients, reflecting the company's strategic focus on global growth, which is anticipated to drive future business expansion and revenue growth.
See More
Cannabis Sector Update: Aurora's Strategic Shift Amid Record Medical Sales
- Aurora Financial Performance: Aurora Cannabis reported net revenue of $94.2 million for Q3 2026, a 7% year-over-year increase, with global medical cannabis sales reaching $76.2 million, accounting for over 80% of total sales, indicating strong growth potential in the high-margin medical market.
- Strategic Transformation Plan: Aurora announced plans to gradually exit select Canadian consumer cannabis markets to reduce sales and marketing costs, which is expected to significantly improve overall profit margins in the coming quarters.
- Canopy Growth Results: Canopy Growth reported net revenue of $90.4 million for Q3 2026, with a nearly 50% reduction in net loss despite weak international performance, reflecting positive progress in cost control and market integration.
- Cronos Brand Expansion: Cronos Group launched its premium Lord Jones brand in Israel, marking a significant step in its global expansion strategy aimed at meeting local market demands with high-quality products while enhancing brand recognition in international markets.
See More
Aurora Cannabis Q3 2026 Revenue Beats Expectations Despite Income Drop
- Revenue Performance: Aurora Cannabis reported Q3 2026 revenue that exceeded expectations, although adjusted net income fell to approximately $7.2 million year-over-year, indicating potential for revenue growth but challenges in profitability.
- Rising Costs: The company's adjusted SG&A expenses rose to $35.8 million in the quarter, compared to $31.3 million in FY25 Q3, putting pressure on profits and impacting overall financial performance.
- Strategic Shift: Aurora has made a strategic decision to focus resources on the global medical cannabis market, aiming to address current market challenges and seize growth opportunities in the medical sector, which could yield higher returns in the future.
- Market Reaction: Despite the revenue beat, Aurora's shares fell approximately 9% in Wednesday trading, reflecting investor concerns over declining profitability, which may affect future investor confidence.
See More
Aurora Cannabis Launches New $100M At-the-Market Offering
- Offering Program Initiated: Aurora Cannabis has filed a prospectus supplement to establish a new at-the-market offering program to issue up to $100 million in common shares, aimed at enhancing the company's liquidity for future strategic investments.
- Clear Use of Proceeds: The net proceeds from this offering will be allocated for increased cultivation capacity and M&A activities, indicating the company's proactive strategic positioning to expand market share and enhance competitiveness.
- Positive Market Reaction: The launch of this financing program is expected to boost investor confidence, potentially driving the company's stock price upward and laying a foundation for future growth.
- International Sales Growth: Aurora Cannabis reported strong international sales in Q2 2026, demonstrating its expansion potential in global markets, further justifying the need for this financing initiative.
See More
Aurora Cannabis to Discuss Growth Strategy at Health Care Conference
- Conference Participation: Aurora Cannabis will participate in TD Cowen's 46th Annual Health Care Conference on March 2, 2026, where CFO Simona King will engage in discussions, likely drawing investor attention to its international leadership and market opportunities.
- Market Trends Discussion: The conference will address significant shifts in the global medical cannabis industry and market forces, with Aurora aiming to reinforce its market leadership by showcasing its excellence in Canadian manufacturing.
- Completion of Bevo Transaction: Aurora announced the completion of its transaction with Bevo Agtech Inc., previously disclosed on February 4, 2026, marking a strategic advancement in expanding its product lines and market share.
- Global Expansion Strategy: As a global leader in medical cannabis, Aurora is committed to improving patient lives through scientific expertise and high-quality products, and will continue to seek high-margin opportunities in Canada, Europe, and other markets.
See More
Aurora Cannabis to Discuss Growth Strategy at TD Cowen Conference
- Conference Participation: Aurora Cannabis CFO Simona King will participate in TD Cowen's 46th Annual Health Care Conference on March 2, 2026, where she is expected to engage in one-on-one meetings with investors, showcasing the company's leadership in the global medical cannabis market.
- Market Trends Discussion: The conference will explore significant shifts in the global medical cannabis landscape and their impact on industry growth, with Aurora sharing insights on its excellence in Canadian manufacturing, further solidifying its market position.
- Completion of Bevo Transaction: Aurora announced the completion of its transaction with Bevo Agtech Inc., initially announced on February 4, 2026, marking a significant step in expanding its product lines and market share.
- Global Expansion Strategy: As a global leader in medical cannabis, Aurora is committed to improving patient lives through scientific expertise and high-quality products, and will continue to expand its operations in markets such as Canada, Europe, and Australia.
See More
Aurora Expands Product Line in Australia and New Zealand
- Market Expansion Strategy: Aurora Cannabis is launching new products in Australia and New Zealand, including two THC flower products and four resin cartridges, aimed at meeting the needs of patients and prescribers for high-quality medical cannabis, thereby enhancing its leadership position in international markets.
- Product Diversification: The introduction of Big Wave™ and Night Ride™ in New Zealand, along with the upcoming Half Moon™ product, showcases Aurora's ongoing commitment to product innovation, which is expected to enhance patient choice and experience, further solidifying market share.
- Quality Assurance: All new products are derived from Aurora's proprietary genetics and manufactured in EU-GMP and TGA-GMP certified facilities, ensuring safety and high quality, which enhances customer trust and brand loyalty.
- Long-term Investment Commitment: Aurora has pledged to continue investing in the Australian and New Zealand markets to support the evolving needs of patients, reflecting the company's strategic focus on global growth, which is anticipated to drive future business expansion and revenue growth.
See More
Cannabis Sector Update: Aurora's Strategic Shift Amid Record Medical Sales
- Aurora Financial Performance: Aurora Cannabis reported net revenue of $94.2 million for Q3 2026, a 7% year-over-year increase, with global medical cannabis sales reaching $76.2 million, accounting for over 80% of total sales, indicating strong growth potential in the high-margin medical market.
- Strategic Transformation Plan: Aurora announced plans to gradually exit select Canadian consumer cannabis markets to reduce sales and marketing costs, which is expected to significantly improve overall profit margins in the coming quarters.
- Canopy Growth Results: Canopy Growth reported net revenue of $90.4 million for Q3 2026, with a nearly 50% reduction in net loss despite weak international performance, reflecting positive progress in cost control and market integration.
- Cronos Brand Expansion: Cronos Group launched its premium Lord Jones brand in Israel, marking a significant step in its global expansion strategy aimed at meeting local market demands with high-quality products while enhancing brand recognition in international markets.
See More
Aurora Cannabis Q3 2026 Revenue Beats Expectations Despite Income Drop
- Revenue Performance: Aurora Cannabis reported Q3 2026 revenue that exceeded expectations, although adjusted net income fell to approximately $7.2 million year-over-year, indicating potential for revenue growth but challenges in profitability.
- Rising Costs: The company's adjusted SG&A expenses rose to $35.8 million in the quarter, compared to $31.3 million in FY25 Q3, putting pressure on profits and impacting overall financial performance.
- Strategic Shift: Aurora has made a strategic decision to focus resources on the global medical cannabis market, aiming to address current market challenges and seize growth opportunities in the medical sector, which could yield higher returns in the future.
- Market Reaction: Despite the revenue beat, Aurora's shares fell approximately 9% in Wednesday trading, reflecting investor concerns over declining profitability, which may affect future investor confidence.
See More
Aurora Cannabis Launches New $100M At-the-Market Offering
- Offering Program Initiated: Aurora Cannabis has filed a prospectus supplement to establish a new at-the-market offering program to issue up to $100 million in common shares, aimed at enhancing the company's liquidity for future strategic investments.
- Clear Use of Proceeds: The net proceeds from this offering will be allocated for increased cultivation capacity and M&A activities, indicating the company's proactive strategic positioning to expand market share and enhance competitiveness.
- Positive Market Reaction: The launch of this financing program is expected to boost investor confidence, potentially driving the company's stock price upward and laying a foundation for future growth.
- International Sales Growth: Aurora Cannabis reported strong international sales in Q2 2026, demonstrating its expansion potential in global markets, further justifying the need for this financing initiative.
See More
