ACB - Why Canopy Is A Better Pick Than Aurora Now
After the recent slump in the cannabis sector, the valuation gap between Aurora Cannabis (ACB) and Canopy Growth (CGC) has narrowed significantly. However, between these two of the largest cannabis companies in the world, we think Canopy remains a better investment at this time. Canopy's valuation premium over Aurora is justifiable as financial and funding risk will become more important during a prolonged industry downturn.
(All amounts in C$)
Aurora is Cheaper
If you follow the cannabis sector, you will know that the industry is experiencing one of the deepest and