Better Cannabis Stock: Aphria vs. Canopy Growth
There's been significant volatility in the cannabis industry over the past year, and there's a real danger that in the coming year many companies may not survive the pandemic. That's why it's generally a safer option to invest in the industry leaders, which enjoy strong market share and have the necessary resources to get through these challenging times.
Today, I'll look at two of the top pot stocks in the industry -- Aphria (NASDAQ: APHA) and Canopy Growth (NYSE: CGC) -- and assess which of these leading cannabis producers is the better stock to hold in your portfolio.
One of the ways Aphria has established itself as one of the safer stocks in the industry is by being able to stay in the black on a relatively consistent basis. In three of its last eight quarters, the Leamington, Ontario-based pot producer has reported a positive net income figure.
Source Fool.com
