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. CANOPY GROWTH, $11.92, (Toronto symbol WEED; TSINetwork Rating: Speculative) (Shares o/s: 393.7 million; Market cap: $4.6 billion; TSI Cannabis Quality Rating [CQR]: ) owns the Tokyo Smoke retail store network with 57 cannabis locations in Ontario, 7 in Manitoba, and 6 in Alberta. Uber Technologies is now teaming up with Tokyo Smoke to facilitate cannabis purchases in Ontario. Users of its Uber Eats app can order cannabis products for pickup from Tokyo Smoke outlets. When customers arrive at a Tokyo Smoke location to pick up their order, the store’s staff will…

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