Company Profile: Bapcor Limited (ASX: BAP) is under consumer discretionary sector and was formerly known as Burson Group Limited. It is a provider of accessories, automotive aftermarket parts, automotive equipment and services and motor vehicle servicing. The company’s main segments are retail, trade and specialist wholesale. Precision Automotive Equipment business units and Burson Auto Parts are company’s trade segments. The company was incorporated in 2011 and is the distributor based in Gower Street, Preston, 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