Company Profile: NAOS EX-50 OPPORTUNITIES COMPANY LIMITED (ASX: NAC) is an investment company which is engaged primarily in the mid-cap listed equities in both domestic and international markets. Derivatives and listed investments are the areas the company invests in. It caters to Consumer discretionary, industrials, mining, energy, financial services and insurance, consumer staples, healthcare, real estate and telecommunication services’ related sectors. It also offers a dividend reinvestment plan. An investment manager to the company is NAOS Asset Management Limited.
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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