FOLKESTONE LIMITED (ASX: FLK)

Company Profile: FOLKESTONE LIMITED (ASX: FLK) is a real estate development, investment, and funds management company. The company provides wealth solutions for select institutions and private clients. It invests primarily in Australia and New Zealand. Folkestone Maxim A-REIT Securities Fund and Folkestone Maxim A-REIT Securities SMA are a part of its Australian real estate investment trust. The company was incorporated in 1967 and is based in Carrington St, Sydney, Australia.

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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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