Why Aurora Cannabis Could Become the King of Hemp CBD

Canopy Growth made waves with the announcement in January that it’s building a large-scale hemp production facility in New York State. The company expects to have hemp cannabidiol (CBD) products on the market by the end of this year. Tilray jumped head first into the hemp market soon after Canopy’s announcement with its acquisition of Manitoba Harvest, the leading hemp foods company in North America.

But what about Aurora Cannabis (NYSE: ACB)? You might not have heard very much about the company’s hemp CBD efforts lately. However, there’s a pretty good argument to be made that Aurora just might emerge as the king of hemp CBD.

Aurora’s impressive hemp creds

If you’re looking for impressive credentials in hemp, Aurora’s got ’em. Back in 2017, the company invested in Hempco, a Vancouver-based maker of hemp-based foods, hemp fiber, and hemp nutraceuticals. Hempco also supplied Aurora with raw hemp for extracting CBD.

– Read the entire article at Yahoo News.

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