Aurora Cannabis Inc. Is Making a Push into Hemp: Is it a Good Idea?


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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.

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