Universal Coal Plc (ASX: UNV)

Company Profile: Universal Coal Plc is a coal mining company. The company is engaged into the development and exploration of minerals in the coalfields of South Africa. Universal Coal is broadly divided into three segments which include, development and exploration of coal; mining and sale of coal; and corporate. The first mine of Universal coal is Kangala Mine located in Witbank coalfield, which started production in February 2014. Its other thermal coal projects include New Clydesdale Colliery (NCC) and Brakfontein Coal Project. Whereas, Berenice/Cygnus and Somerville are the two coking coal projects undertaken by the company. The registered office of the company is in London, UK.

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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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