Company Profile: Clover Corporation Limited (ASX: CLV) is under healthcare segment which is both a manufacturer and supplier of Functional Food ingredients containing long chain polyunsaturates (LCPs) to the healthcare and nutrition markets. Engaged in the production of encapsulated powders, the company also does the research and product development of functional food and infant nutrition ingredients. It was incorporated in 1988 and is based out of Pinnacle road, Altona North, Australia.
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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. Click here for your FREE Report