$ACB The marijuana industry is currently very interesting. While the majority of marijuana stocks are declining, affected by a lack of progress toward legalization, the sector as a whole is expanding rapidly. The global cannabis market is predicted to reach $149 billion in annual sales by 2031, growing at a compound annual growth rate of 20%, according to estimates from Allied Market Research.

Canadian cannabis company Aurora Cannabis (NASDAQ: ACB) has been investors' favorite for quite a while. The company recently hit its target of positive adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ), impressing investors.