Shares of Aurora Cannabis Inc. hiked up 1.1% in active morning trade Friday, putting them on track to outperform the broader cannabis sector by posting a third-straight monthly gain. The stock was up 18.0% in March, after rising 6.6% in February and 42.9% in January, for a year-to-date gain of 79.9%. Meanwhile, the ETFMG Alternative Harvest ETF was up 0.3% Friday, but has lost 2.5% this month and gained 45.0% this year. In comparison, the S&P 500 has edged up 1.5% this month. Aurora's stock rally in March comes after the company said earlier in the month that it hired hedge-fund manager Nelson Peltz as an adviser and Cowen designated the company as its "top pick." On Thursday, the U.S. House Financial Services Committee cleared the Secure and Fair Enforcement (SAFE) Banking Act, which would provide a safe harbor for banks working with the legal cannabis industry, to go to the House floor.