Canopy Growth vs. Aurora Cannabis: Which Company Had Better Earnings?

Canopy Growth vs. Aurora Cannabis: Which Company Had Better Earnings?

Canadian pot producers Aurora Cannabis (NASDAQ:ACB) and Canopy Growth (NASDAQ:CGC) have been rivals for years. Now, as the industry gets more crowded with competitors, the companies have to fine-tune their strategies in an effort to secure market share around the globe. However, both companies are struggling to be the attractive growth investments they were before marijuana legalization took place in Canada in 2018. And while neither company did exceptionally well in their most recent quarterly results, I'll look at which one did better and is the better buy. Which company is growing at a better rate? A good place to start when comparing growth stocks is at the top line. For the period ending Sept. 30, Canopy Growth reported revenue of 131.4 million Canadian dollars ($104 million). That was a …
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