Q: Hi, Pat. I’m looking for your recommendation on Leafly Holdings. I read they are now working with Uber in Toronto. Do you see any gains ahead? Thanks.

A: Leafly Holdings Inc., $0.70, symbol LFLY on Nasdaq (Shares outstanding: 40.0 million; Market cap: $27.8 million; www.leafly.com), is a Seattle-based online cannabis marketplace. Leafly was founded in 2010 and is considered the world’s largest cannabis marketplace, with more than 125 million annual visitors.

The company’s… Read More

Get a 5.0% yield from Intel

Get a 5.0% yield from Intel

A spinoff should help this company remain focused on its core offering of computer chips for personal computers and data centres.

In the meantime, it’s looking to grow its ability to make chips for other firms by building advanced plants.

The stock trades at 14.9 times the… Read More

Spinoffs & Takeovers Hotline – Friday, October 28, 2022

CUMMINS INC., $244.78, symbol CMI on New York, designs, manufactures, distributes and services diesel, natural gas, electric, hybrid powertrains, and powertrain-related components, including control & fuel systems, automated transmissions, batteries, electrified power systems, hydrogen production, and fuel cell systems.

Cummins serves customers in 190 countries through… Read More