Better Buy: Aphria vs. Cronos
The marijuana industry has been a mess for much of the year, with some of the top pot companies losing a significant amount in market value since March. However, despite these recent troubles, the future promises to be bright for the industry -- as marijuana sales are set to increase significantly over the next decade -- and it's up to us to separate the wheat from the chaff. With that in mind, let's turn our attention to two of the largest cannabis companies by market cap: Aphria (NYSE: APHA) and Cronos Group (NASDAQ: CRON).
Investors who bet on Aphria at the beginning of the year are probably a bit happier than those who bet on Cronos: Aphria's shares have lost "only" 8% of their value, while Cronos' shares are down by 35%. But which of these stocks is more likely to outperform the other in the future? Let's dig into their respective businesses and find out which is more attractive at the moment.
Image source: Getty Images.
Source Fool.com
