4 Marijuana Stocks With Higher Sales Than Aurora or Canopy in the Latest Quarter
There are few, if any, cannabis stocks that garner more attention from investors than Aurora Cannabis (NYSE: ACB) and Canopy Growth (NYSE: CGC). Aurora and Canopy are respectively No. 1 and No. 2 in terms of peak production potential and international presence, and the respective first and 10th most-held stocks on online investment platform Robinhood.
Aurora Cannabis and Canopy Growth have also consistently been among the leaders in terms of quarterly sales. However, with supply issues rearing their head in Canada and a number of cannabis companies contending with inventory writedowns or markdowns, these marijuana mammoths no longer find themselves at the top of the mountain when it comes to sales. Sure, Canopy Growth and Aurora managed $58 million and $57 million in respective net sales in their most recent quarters, but that was outdone by four other cannabis companies.
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Source Fool.com