Company Profile: Incitec Pivot Limited is an ASX listed manufacturer and distributor of fertilizers, industrial explosives and chemicals. The company owns and operates more than 20 global manufacturing facilities across Australia, US, Canada, Mexico, Turkey and Indonesia. It also operates as a supplier of blasting and industrial explosives services required in quarrying, mining, seismic construction industries. These operations are performed by Dyno Nobel segment of the company. Whereas, the Incitec Pivot Fertilizers (IPF) segment of the company is a leading supplier of fertilizers in Australia which is used in Australian cotton, pasture, dairy, grain, pasture, sugar and horticulture industries.
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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