WAM Global Limited (ASX: WGB)

Company Profile: WAM Global Limited is an ASX listed investment company which is subsidiary to Wilson Asset Management. Established in 1997, Wilson Asset management is an Australia-based independent investment manager. WAM Global Limited invests in various sectors such as healthcare, industrials, financials, consumer discretionary, telecommunication services, information technology, consumer staples, utilities and materials while primarily investing in equities listed on the Australian securities Exchange. The investment objective of the company is to deliver risk adjusted returns, a rising stream of fully franked dividends and preserve capital of the company.

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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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