If you’re a cannabis investor, then you’re probably familiar with the top stocks in the sector, such as Aurora Cannabis, Trulieve Cannabis, and Curaleaf Holdings.
Two names that won’t be as common unless you’ve spent a lot of time looking at the sector are Fire & Flower .
Cannabis retailer Fire & Flower is a dominant player in the Canadian pot market, with the company owning 85 stores in the country as of last month.
A key investor in the company is fast-growing retail operator Alimentation Couche-Tard, which has more than 14,000 stores all over the globe.
That was also the fifth straight quarter where the company recorded positive adjusted earnings before interest, taxes, depreciation, and amortization .
Another stock that doesn’t get as much respect as it should despite producing strong numbers is cannabis producer Verano Holdings.
The company is active in 14 states, including New Jersey, which passed recreational marijuana legislation earlier this year and could be selling adult-use pot next year.
For the quarter ending June 30, sales of $199 million were a record high and up 39% from the previous period.