- Aurora Cannabis Inc. and HEXO Corp. are Canadian cannabis companies that benefited from the legalization status in 2018. However, both have not achieved EBITDA profitability amongst the intense competition.
- ACB seeks to be a global leader in medical cannabis products to differentiate itself from mass competition in the Canadian and US market.
- HEXO acquired multiple Canadian cannabis companies and a Colorado cannabis production facility in the US, as part of its expansion strategy.
- We discuss whether investors should add ACB or HEXO stock now.
For further details see:
Aurora Cannabis Vs. HEXO: Which Is The Better Cannabis Stock?