At Afterpay’s AGM (Annual General Meeting), Chairman highlighted that, FY2019 was a transformational year for Afterpay Touch Group Limited (ASX: APT) as it had its first full year operating in the US and also expanded its operations in UK. The company grew its customer base by 130 percent and active merchant partners by 101 percent.
- On an average over 15,000 new customers joined the platform per day in October, representing the largest customer acquisition month on record;
- The underlying sales increased by 110% on pcp to $2.7 billion in four months to October.
At AEST 01:09PM, the stock was trading at $29.190 per share, no change from its previous close.
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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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