Alliance Mineral Assets Limited (ASX: A40)

Company Profile: Alliance Mineral Assets Limited (ASX: A40) happens to be a company which, in March 2018, began the production of lithium concentrate. This production was started in The Bald Hill Lithium and Tantalum Mine. There was a merger between the company and Joint Venture Partner Tawana Resources and hence, the company now have 100% ownership stake in Bald Hill spodumene mine. The merger which has been referred took place in the month of December 2018. Talking about the Board of Directors of the company, Mr. Geoffrey McNamara is presently serving as Alliance Mineral Assets Limited’s non-executive chairman while Mr. Mark Calderwood is acting as the Managing Director of the company.

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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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