WAM Capital Limited (ASX: WAM)

Company Profile: WAM Capital Limited (ASX: ) is a listed investment company in the financial sector, founded in August 1999. WAM provides investors with exposure to an actively managed diversified portfolio of undervalued growth companies, which are generally small-to-medium sized industrial companies listed on the Australian Securities Exchange. Managed by Wilson Asset Management Group, the Company is based out of Macquarie Street, Sydney, Australia (led by Mr. Geoff J Wilson, as at July 2018). The company invests in various sectors like consumer discretionary, industrials, healthcare, information technology, consumer staples, telecommunication, utilities and materials. The company makes investments and objective is to provide investors a rising stream of dividends which are fully franked.

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6 Cannabis Stocks under Investor’s Limelight…

Cannabis companies that sell both medicinal weed and recreational pot. Marijuana stocks to look at. Marijuana mergers and acquisitions. Dispensary data analytics. Upcoming marijuana IPO’s Those phrases have become increasingly common as marijuana legalization spreads.

Global spending on legal cannabis is expected to grow 230% to $32 billion in 2020 as compared to $9.5 in 2017, according to Arcview Market Research and BDS Analytics. As of June 29, 2018 the United States Marijuana Index, despite a lot of uncertainty around regulations, has over the past 1 year gained 71.49%, as compared to about 12% gain seen by the S&P 500.

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