Daily FNArena News - FYI

The global legal marijuana market size is expected to reach US$66.3bn by the end of 2025. Growth will be fuelled by increasing legalisation and the growing adoption of cannabis as a pharmaceutical product for treating severe medical conditions, such as cancer, Parkinson’s disease, Alzheimer’s disease, arthritis, and other neurological conditions.

A huge jump in demand for electric vehicles (EVs) and Li-ion battery is anticipated for the coming decade. This demand has seen Europe develop the world’s fastest-growing lithium-ion production capacity.

Cannabis stocks had a challenging year in 2019, but signs are emerging that a change of fortunes is in store for the sector and a number of listed cannabis companies already look to be turning the corner.

Peter Switzer of the Switzer Report ponders the road ahead for the stock market in 2020.

Home to multiple multi-billion barrel oil discoveries, including the 25bn barrel Prudhoe Bay, US$250m is being ploughed into the North Slope of Alaska for exploration drilling this year, led by ConocoPhillips who is drilling eight wells.

Pitt Street Research sees a Promising Outlook For Prospect Resources, driven by better DFS and funding deal.

Pitt Street Research spoke with Garry Lowder, Chairman of Dome Gold Mines.

FNArena’s service has resumed and will gradually ramp up in the coming weeks

Ahead of the Herd’s Rick Mills explores the development of treatments for various medical conditions using illegal psychedelic drugs. Is LSD the new cannabis?

Independent Investment Research updates developments in Australia’s listed investment trust and provides comparative data.