Cann Global Limited (ASX: CGB)

Company Profile: Formerly known as Queensland Bauxite Limited, Cann Global Limited (ASX: CGB) is a driving force in the medical Cannabis and nutritional hemp industries with Bauxite mining interests in North Queensland. The company was listed on bourses in the year 2008. The company is headed by Mr Sholom Feldman & has its registered office located in New South Wales, Australia.

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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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