Australian Foundation Investment Company Limited (ASX: AFI)

Company Profile: Australian Foundation Investment Company Limited (ASX: AFI), otherwise a closed end investment company has exposure to Australian equities from investment standpoint and the focus is on quality assets, wherein businesses are known to endure economic changes. The group provides investors with a decent stream of franked dividends through investment portfolio (long term) and trading portfolio (short term).

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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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