Magellan Global Trust (ASX: MGG)

Company Profile: Magellan Global Trust (ASX: MGG) is a global equity fund that invests in the worldwide stock markets and aims to deliver a cash distribution yield of 4% per annum to its investors. The portfolio of the trust consists of around 15 to 35 stocks at any one time and also have exposure in cash. The objective of the company is to achieve attractive risk-adjusted returns over the medium to long-term, while also reducing the risk of losing any capital.

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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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