Syrah Resources Ltd.’s (ASX: SYR)

Company Profile: Syrah Resources Limited (ASX: SYR) is a graphite supplier and is mainly involved in construction and development of the Balama Graphite Project in Mozambique. Balama is considered to have the world’s largest graphite resource. The group also deals in sales and marketing arrangements with targeted customers while high quality graphite is expected to be used for production of battery anode material and other industrial products. Further, the group is into development of downstream, battery anode material strategy. The group believes that the downstream processing of graphite concentrate can offer a great upside for shareholder returns. The group also believes that the natural graphite re-carburisers that are the by-products of key production process can offer various other growth opportunities.

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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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