Company Profile: Frontier Diamonds Ltd (ASX: FDX) got listed on ASX in January 2018. It is a public limited company that is into the business of mining. The company has two diamond mines in South Africa by the name Star and Sedibeng Diamond Mine. These two mines were acquired in the year 2014 from Petra. These mines have the potential of producing high-grade diamonds and is generating cash flows. The company came in the year 2016 and the headquarters is in Australia.
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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