Better Marijuana Stock: Aurora Cannabis vs. Hexo
When it comes to cannabis stocks, there's always a few turnaround plays that might be tempting targets for investment. As the marijuana industry grows globally, more than a couple of companies have overextended themselves by building so much output capacity that they outpaced demand. While it's a bit of a gamble, these competitors just might be a bargain, especially if they can effectively scale back their operations.
In particular, Aurora Cannabis (NASDAQ: ACB) and Hexo (NASDAQ: HEXO) are two underperforming companies that are working to reposition themselves to become more stable and successful. Neither of these stocks are for the faint of heart, but let's investigate each to see if they could be worth a contrarian buy.
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Source Fool.com
