Company Profile: Novatti Group Limited (ASX: NOV), a company from the information technology sector, offers payment processing platform that facilitates mobile and alternative financial payments solutions and services. Since 1996, the company is engaged in delivering innovative payment solutions. The reliable and efficient product of NOV includes Consumer Digital Wallet, Electronic Top up, Mobile Money, Bill Payments, Remittance Services, Electronic Voucher Distribution as well as Voucher Management Systems (PINs & PINless).
The year of establishment of NOV is 1994 and the company is headquartered 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.
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