Company Profile: Supply Network Limited (ASX: SNL) operates under the Multi-spares brand. It has many trading entities and each trading entity has its own management team and its own operating focus within a broad market definition of replacement parts for road transport equipment. The group sells truck and bus parts as well as comprises a range of services including parts interpreting, procurement, supply management and problem solving.
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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. Click here for your FREE Report