Company Profile: SYNTONIC LIMITED (ASX: SYT) is an information technology company and is into mobile services technology. The company was listed in 2007 and is based in Wellington Street, West Perth, Australia. Freeway by Syntonic and Syntonic DataFlex are the two technology solutions the company allows users to access the internet for. PSF Merger Subsidiary, Inc., Pacific Ore (WA) Pyt Ltd, Pacific Ore (UK) Limited, and Pacific Ore Exploration Pyt Ltd are included under its subsidiaries.
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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.
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