Pot stocks have been trading higher on the heels of Joe Biden being announced as the 2020 presidential election winner. The five states that passed legalization for adult-use cannabis and medical cannabis also bolstered the market.
Today, we take a look at two of the hottest pot stocks on major exchanges in the United States.
About Aurora: Aurora Cannabis (NYSE:ACB) operates in medical cannabis, consumer cannabis and hemp-derived CBD. It has low cost cultivation and global reach.
Current production is 142,5000 kilograms a year.
About Tilray: Tilray Inc. (NASDAQ:TLRY) sells its cannabis products in 15 countries. The company also sells hemp and CBD products in more than 50 countries.
Tilray was the first company to export from North America to Africa, Australia, Europe and Latin America.
In 2018, Tilray became the first cannabis company to complete an IPO on a major stock exchange.
Tilray has partnerships with AB InBev (NYSE:BUD) and Novartis AG…
