Why Canopy Growth Is Still a Better Marijuana Stock Than Aurora Cannabis
Aurora Cannabis (NYSE: ACB) surprised nearly everyone in mid-May with better-than-expected fiscal 2020 third-quarter results. The Canadian cannabis producer's sales soared, and so did its stock.
It was a much different story for Canopy Growth (NYSE: CGC) when the company reported its fiscal 2020 fourth-quarter update last week. Canopy's sales declined from the previous quarter. And its shares plunged.
With the two divergent quarterly updates, is Aurora now the better pick for long-term investors? I don't think so. Instead, here are three reasons why Canopy Growth is still a better marijuana stock to buy than Aurora Cannabis.
Source Fool.com
