WEED vs ACB vs APH
In looking to get into cannabis stocks now that legalization has passed both the House of Commons and the Senate, I'm trying to decide which one of the top three are better?
WEED - Canopy - $7893M in market cap - negative PE
ACB - Aurora - $5253M in market cap - negative PE and will be $8553M post LEAF merger?
APH - Aprhia - $2543M in market cap - positive PE at 58
In terms of future production, they are close. In terms of product available for sale as soon as legalization happens, WEED has a clear advantage. In terms of production of oils and extracts, APH has a clear advantage.
It appears there are people invested in all three which makes sense. At what percentages?
These will all do well. The question is which one from current valuations will do best? Doesn't Aphria have a lot more room to run?
I'm very happy to see Canada being the world leader in this area! We have been leaders and are quietly leading this world wide revolution!
What are people's picks for smaller caps? In the sub $1B range?