company Profile: Orora Limited (ASX: ORA) is under material sector, employing 5,500 people across 122 sites in 7 countries, Orora is a leader in innovative packaging solutions. The company was incorporated in 1949 and is based in Burwood Road, Hawthorn, Australia. It provides a range of solutions including manufacture and design of packaging products. Orora North America, Orora Australasia and Other are few of the company’s segments.
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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