Is Waitr Holdings the Next Hot Cannabis Stock?
Some pairings are as logical as they are inevitable. Shares of Waitr Holdings (NASDAQ: WTRH) are moving sharply higher after the company announced plans to pursue a partnership with Flow Payments that will ultimately lead to a delivery and payment solution for cannabis dispensaries in a compliant marketplace.
It's perfect when you think about it. Waitr -- through its namesake platform and its Bite Squad delivery platform -- is already serving more than 700 rural and underserved cities with online ordering and takeout delivery solutions. Why not just have the same fleet of drivers also deliver legalized marijuana where federal and state directives make it available? You turn to Waitr for your food. You order cannabis. You may very well be hungry again, so you order more food through Waitr Holdings.
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Source Fool.com
