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. VALENS CO. $3.02 (Toronto symbol VLNS; TSINetwork Rating: Speculative) (www.valenscompany.com; Shares o/s: 61.4 million; Market cap: $202.6 million; TSI Cannabis Quality Rating [CQR]: ) has completed the first shipments from its newly completed Southern Cliff Brands facility in the Greater Toronto area. The plant makes cannabis-infused beverages. The facility has the capacity to manufacture more than 8 million units per year of cannabis-infused beverages in both re-sealable cans and PET bottles. All products will use Valens’ exclusive SoRSE emulsion technology; that results in consumer products free of cannabis taste and…