Cannabis Corner: These three let you tap new markets

Article Excerpt

First, the good news: 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 $0.86 (Toronto symbol FAF; TSINetwork Rating: Speculative) fireandflower.com; Shares outstanding: 159.3 million; Market cap: $137.1 million; TSI Cannabis Quality Rating [CQR]: ) is a Canadian-based licensed cannabis and accessories retailer with 50 stores in Alberta, Saskatchewan, Manitoba, Ontario and the Yukon. Fire & Flower’s alliance with Alimentation Couche-Tard (symbol ATD.B on Toronto), continues to help the pot seller expand. Couche-Tard now plans to pair its high-traffic Circle K convenience stores with Fire & Flower outlets for a pilot project in Alberta. Couche-Tard will open Fire & Flower…