Molson to tap cannabis demand

MOLSON COORS CANADA INC. (Toronto symbols TPX.A $80 and TPX.B $88; Conservative Growth Payer Portfolio, Consumer sector; Shares outstanding: 215.8 million; Market cap: $19.0 billion; Dividend yield: 2.5%; Dividend Sustainability Rating: Above Average; www.molsoncoors.com) last raised its quarterly dividend with the February 2015 payment. Investors receive $0.41 U.S. a share for… Read More

Molson Coors Canada Inc. $92 – Toronto symbol TPX.A and TPX.B

Molson Coors Canada Inc. $92 – Toronto symbol TPX.A and TPX.B

Molson Coors continues to benefit from its purchase of SABMiller’s stake of MillerCoors. At the same time the company believes it has found a way to offset stagnant alcohol sales and capitalize on the legalization of cannabis.

MOLSON COORS CANADA INC. (Toronto symbols TPX.A $80 and TPX.B $87; Conservative… Read More

Cost savings and new drinks to spur Molson

MOLSON COORS CANADA INC. (Toronto symbols TPX.A $80 and TPX.B $87; Conservative Growth and Income Portfolios, Consumer sector; Shares o/s: 215.8 million; Market cap: $18.8 billion; Price-to-sales ratio: 0.6; Divd. yield: 2.5%; TSINetwork Rating: Average; www.molsoncoors.com) took its current form in 2005 when Canadian brewer Molson merged with U.S.-based Adolph… Read More

Activists see their strong potential

HEXO CORP. $8.10 (Toronto symbol HEXO; Shares outstanding: 198.3 million; Market cap: $1.6 billion; No dividend paid; Takeover Target Rating: Highest; www.thcx.com) is a Canadian-based producer and distributor of medical cannabis with production facilities in Quebec. In addition, the company plans to branch out into the recreational and… Read More

Q: Pat: What is your recommendation on Hydropothecary Corp. as a cannabis stock? I hear it’s also hooked up with Molson Coors. Thanks.

A: Hexo Corp., $5.86, symbol HEXO on Toronto (Shares outstanding: 193.6 million; Market cap: $1.1 billion; www.thcx.com) is a Canadian-based producer and distributor of medical cannabis with production facilities in Quebec. In addition, the company will participate in the recreational cannabis market when it becomes… Read More