Canada’s biggest marijuana stocks get the most attention. But the global marijuana market is worth $150 billion annually, and that suggests there’s plenty of room for smaller pot stocks, including HEXO (NYSEMKT:HEXO). HEXO has been running under the radar compared to Goliaths Canopy Growth (NYSE:CGC) and Aurora Cannabis (NYSE:ACB); however, that could change following HEXO’s decision to acquire Newstrike Brands for $263 million in shares. Is HEXO now a bargain worth buying?
What’s the deal?
Canopy Growth and Aurora Cannabis are firmly entrenched as the top-tier leaders in this fast-growing marketplace. The two control about 50% market