Cannabis Corner: All three have expanded their markets

Article Excerpt

First, the good news: cannabis legalization will eventually lead to some great business successes. The bad news is that only a few of the multitude of cannabis stocks today will pay off for investors. Consumer cannabis demand is high, but growing and distributing it across multiple markets is more difficult. With “Cannabis Corner,” we focus on quality stocks that are most likely to emerge as winners in the “Wild West” of marijuana investing. CRONOS GROUP $7.71 (Toronto symbol CRON; TSINetwork Rating: Speculative) (cronosgroup.com; Shares o/s: 349.9 million; Market cap: $2.6 billion; TSI Cannabis Quality Rating [CQR]:) grows and sells medical and recreational cannabis. Cronos has now launched Happy Dance, a new CBD skincare brand, co-founded with actress and New York Times best-selling author Kristen Bell. Happy Dance launches with a trio of high-quality, cruelty-free and vegan bath and body care products. All products undergo extensive third-party testing and are vegan and cruelty-free. They’re also tested for heavy metals, microbiological contaminants, residual solvents and…