Cannabis Corner: These stocks are all expanding 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 $27.69 (Toronto symbol WEED; TSINetwork Rating: Speculative) (Shares o/s: 382.3 million; Market cap: $10.8 billion; TSI Cannabis Quality Rating [CQR]: ) has entered into a partnership with Southern Glazer’s Wine & Spirit to distribute its U.S. portfolio of CBD-infused beverages. Southern Glazer’s is the largest wine and spirits distributor in the United States with operations in 44 states. The partnership follows the recent launch of Quatreau—Canopy’s first line of CBD-infused beverages sold in the U.S market. Canopy’s Quatreau products are currently the top-selling ready-to-drink CBD…