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Why Are Sundial Growers and Aurora Cannabis Still the Most Popular Pot Stocks on Robinhood?

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Robinhood (NASDAQ:HOOD) investors like cannabis stocks. That seems clear considering that there are seven cannabis stocks on the trading platform's 100 most popular list.

Two of those stocks made the top 20 on the list. Sundial Growers (NASDAQ:SNDL) currently ranks No. 4, while Aurora Cannabis (NASDAQ:ACB) holds the No. 16 spot. But Sundial and Aurora have been big losers in recent months. Sundial's shares have plunged 75% below the highs from early this year. Aurora stock has fallen 65% from its February peak.

Why are Aurora and Sundial still the most popular pot stocks on Robinhood? Here are a few likely explanations.

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