Better Cannabis Stock: Tilray vs. Village Farms
A good way to maximize your odds of success when investing in the cannabis industry is by buying shares of low-cost producers. Profitability is hard to come by in the sector, especially in the Canadian pot market, where the industry is smaller than in U.S. and there is no shortage of competitors, either. Today, I'll look at two companies that have posted profits recently and are among the safer investments out there: Tilray (NASDAQ: TLRY) and Village Farms International (NASDAQ: VFF).
With a market cap of almost $5 billion, Tilray is almost six times the size of Village Farms. And with its recent acquisition of Aphria, it is now the largest cannabis company in Canada. But are you better off going with the big name, or could the much smaller Village Farms lead to better returns for your portfolio?
Image source: Getty Images.
Source Fool.com
