Wesfarmers Limited (ASX: WES)

Company Profile: Wesfarmers Limited (ASX: WES) was incorporated in 1914 and is based in Perth Australia. The group has a diverse set of business operations across all the verticals such as supermarkets, liquor, hotels and convenience stores, home improvement, office supplies, and department stores, etc. It operates 801 Coles supermarkets; 883 liquor stores under the Liquor land, Vintage Cellars, and First Choice Liquor brands; 89 hotels in Queensland; 702 convenience outlets nationwide; and an online supermarket. The primary objective of the Group is to deliver a satisfactory return to its shareholders.

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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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