Cannabis Corner: These stocks are all poised for gains

Article Excerpt

First, the good news: widening 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. VIVO CANNABIS, $0.07 (Toronto symbol VIVO; TSINetwork Rating: Speculative) (vivocannabis.com; Shares outstanding: 367.1 million; Market cap: $26.0 million; TSI Cannabis Quality Rating [CQR]:), is now generating revenue from German sales of its Canadian-produced medical cannabis. The sales follow Vivo obtaining an import permit last year from Germany’s BfArM, the Federal Institute for Drugs and Medical Devices. The essential permit allows for the import of Canadian grown dried flower medical cannabis from Vivo’s Napanee, Ontario, cultivation site. Vivo Cannabis is a speculative buy for aggressive investors. FIRE & FLOWER HOLDINGS, $4.53 (Toronto symbol FAF;…