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. VILLAGE FARMS $12.53 (Toronto symbol VFF; TSINetwork Rating: Speculative) (www.villagefarms.com; Shares o/s: 81.2 million; Market cap: $975.9 million; TSI Cannabis Quality Rating [CQR]:) recently received regulatory approval to launch production at its 1.1 million square foot Delta 2 greenhouse. The amendment to the Delta 2 cultivation licence immediately increases Pure Sunfarms’ total cultivation capacity to 1.65 million square feet, all of which is at a single location in Delta, B.C. That represents a 50% increase in production capacity. Village Farms is a speculative buy. FIRE & FLOWER HOLDINGS $0.98 (Toronto…

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