Cannabis Corner: These stocks are all set 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. FIRE & FLOWER HOLDINGS $0.91 (Toronto symbol FAF; TSINetwork Rating: Speculative) (fireandflower.com; Shares o/s: 339.6 million; Market cap: $299.5 million; TSI Rating [CQR]:) continues to expand its Hifyre digital retail and analytics platform. It believes that Hifyre is the leading Canadian data and analytics platform within the cannabis industry. Hifyre now plans to acquire PGED Corp. for $8.5 million U.S. Through PotGuide, it owns one of the most visited cannabis websites in North America. This will position Hifyre to become one of the world’s most visited networks of…

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