Paringa Resources Limited (ASX: PNL)

Company Profile: Paringa Resources Limited (ASX: PNL) forms a part of the energy sector. It is into the business of developing and exploring mineral resource properties in the United States. In the Buck Creek Mine Complex situated in Illinois coal basin, the company holds an interest. The establishment year of the company is 2012, and its headquarters is in Evansville, Indiana, United States.

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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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