Canopy Growth Corp CGC shares are trading higher, potentially in sympathy with Aurora Cannabis ACB following the company's earnings results.
Aurora Cannabis reported its third-quarter sales results increased 35% year over year.
Canopy Growth cultivates and sells medicinal and recreational cannabis, and hemp, through a portfolio of brands that include Tweed, Spectrum Therapeutics, and CraftGrow.
Aurora Cannabis traded higher by 70% at time of publication on Friday, while Canopy Growth's stock was up 14.7% to $15.88. The company has a 52-week high of $46.97 and a 52-week low of $9.00.
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