Company Profile for BEN: The Australia-based Bendigo and Adelaide Bank Limited (ASX: BEN), incorporated in 1858, provides wide-range of banking and financial services to retail and small to medium enterprises in Australia via segments comprising Consumer division, Business division and Agribusiness division. Some of its services include wealth management, treasury, foreign exchange services, payment, deposit-taking, commercial, residential, and consumer finance services. The company operates through subsidiaries including, 22 Alliance Banks, 15 Delphi Banks, 321 Community Banks, 173 Bendigo Banks, four separate franchise branches, along with 699 ATMs and 210 rural bank points.
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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.
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