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Aurora Cannabis vs. Sundial Growers: Which Cannabis Stock is a Better Buy?

Published 06/01/2021, 04:22 PM
Updated 06/01/2021, 05:30 PM
© Reuters.  Aurora Cannabis vs. Sundial Growers: Which Cannabis Stock is a Better Buy?

Aurora Cannabis (NASDAQ:ACB) and Sundial Growers (NASDAQ:SNDL) are two popular Canadian cannabis companies that have experienced major selloffs in the past 3 months. For investors looking to possibly buy either of these stocks, which stock is a better bet now?.Investors are always on the lookout for companies that are part of disruptive industries and rapidly expanding markets. One such industry is cannabis and two stocks that are popular among marijuana investors are Aurora Cannabis (ACB) and Sundial Growers (SNDL).

Both of these stocks have seen double digit losses in the past 3 months and are down over 90% from record highs. This has contrarian investors looking to possibly scoop up shares of these stocks at cheaper prices. With that in mind, today I’ll analyze these beaten-down companies and see which of their stocks is a better buy today.

Aurora Cannabis disappoints with quarterly results

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