Last year, marijuana investors still would have likely considered cannabis companies Aurora Cannabis (NYSE: ACB) and Canopy Growth (NYSE: CGC) to be the industry leaders in the Canadian pot market. Although Aphria was a big name in the cannabis industry a year ago, investors weren't considering it in the same breath as Aurora or Canopy Growth. A year ago, Aphria's market cap was about $1.6 billion, nowhere near Aurora's $8 billion valuation or Canopy Growth's astronomical market cap of over $10 billion. Read More...
Is Aphria the King of Canadian Pot Stocks?
Last year, marijuana investors still would have likely considered cannabis companies Aurora Cannabis (NYSE: ACB) and Canopy Growth (NYSE: CGC) to be the industry leaders in the Canadian pot market. Although Aphria was a big name in the cannabis industry a year ago, investors weren’t considering it in the same breath as Aurora or Canopy Growth. A year ago, Aphria’s market cap was about $1.6 billion, nowhere near Aurora’s $8 billion valuation or Canopy Growth’s astronomical market cap of over $10 billion.
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