TLRY - Better Marijuana Stock: Aurora Cannabis or Tilray Brands?
2023-12-27 09:00:00 ET
The legal marijuana market has been evolving rapidly since 2012, when Colorado and Washington became the first U.S. states to legalize cannabis for recreational adult use. 22 additional U.S. states, two U.S. territories, and the District of Columbia have since joined them. On the world stage, recreational cannabis is now legal in Canada, Uruguay, and Malta. Several more countries, like Germany, Switzerland, and Poland, are in the process of considering more liberal marijuana policies, possibly opening the door to widespread legalization in these countries.
With the political movement to legalize marijuana gaining momentum worldwide, it might be a good time to start loading up on high-quality marijuana stocks. Aurora Cannabis (NASDAQ: ACB) and Tilray Brands (NASDAQ: TLRY) are two of the most prominent names in the legal cannabis space today. Both companies originate in Canada, but they have ambitions to become global leaders in the cannabis industry . Which stock is the better buy? Let's dig deeper to find out.
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Better Marijuana Stock: Aurora Cannabis or Tilray Brands?