Aurora Cannabis #1 Stock Among Millennials (NYSE: ACB) (TSX: ACB) - February 2, 2019 - RICH TV LIVE - Aurora Cannabis, the Canadian cannabis producer, outpaced Apple as the favorite stock on Robinhood, a free-trading app popular among millennial traders.
Aurora went public on the New York Stock Exchange in October.
The company recently told Business Insider it will unveil a plan to produce hemp-derived CBD for the US market in the next few months.
Watch Aurora Cannabis trade live.
More people own shares of the Canadian cannabis producer Aurora Cannabis than Apple on Robinhood, a free trading app popular among millennial traders, highlighting the “green rush” into marijuana by younger investors.
According to Markets Insider's track of the data, Aurora Cannabis is now held by 247,517 Robinhood users, up more than 20,000 from last week. The marijuana stock outranked all the others on the app, including Apple, which had maintained its top-ranking position since the week of November 8. The smartphone giant's stock now ranks second in terms of Robinhood ownership, at 237,050 shareholders.
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