Aurora Cannabis Inc. (TSXV:ACB) today is one of the pre-eminent marijuana producers listed on the TSX Venture Exchange with a market capitalization just shy of $750 million, making it the fourth-largest marijuana stock behind only GW Pharmaceuticals PLC- ADR, Canopy Growth Corp., and Aphria Inc.
The company is using this momentum to make strategic acquisitions that it hopes will benefit shareholders long term.
This includes the recent acquisition of a 19.9% stake in Hempco Food and Fiber Inc. for $3.2 million.