Bigger doesn’t necessarily mean better with Canadian marijuana growers. Aphria Inc. (NASDAQOTH:APHQF), for example, claims a market cap that’s nearly 4.5 times higher than CannTrust Holdings Inc.‘s (NASDAQOTH:CNTTF) market cap. So far in 2018, though, CannTrust has turned in significantly higher stock gains than its larger rival.
But which of these marijuana stocks is the better pick for investors now? Here’s what you need to know about how Aphria and CannTrust stack up against each other in the key areas that should make a difference going forward.
The case for Aphria
One of the biggest positives for Aphria is its capacity. The company currently can grow 35,000 kilograms of cannabis per year. However, Aphria is boosting its annual production capacity to 255,000 kilograms next year thanks to major expansion efforts that the company stated in its fiscal year 2018 Q4 update were on schedule