5 Marijuana Stocks to Watch This Week

Five marijuana stocks are reporting their earnings this week. Aphria (NYSE: APHA) showed strength in October with a profitable quarter, but as a whole, the cannabis industry has disappointed relative to the valuations of many of its stocks. This week's reports should give us a pretty clear indicator of where things stand.

Let's look at all five names set to report this week. With each company headquartered north of the border, all figures are in Canadian dollars unless noted.

The past five years were expensive for Aurora Cannabis (NYSE: ACB) as it worked to grow its revenue streams. Fiscal 2019 saw a massive loss of CA$290.84 million as expenses skyrocketed. In that same time frame, revenue rose 349% to CA$247.90 million. That's impressive, but Aurora is no different from the other companies here in leaving investors to wonder when it will post meaningful earnings.

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Source Fool.com