Since the legalization of medical cannabis in 2016, the Australian marijuana industry has been steadily developing — and it's been attracting attention from international players and investors.

The Investing News Network (INN) has been tracking this growth, and is now ready to bring investors a new website dedicated to helping Australian investors with Australia-focused content.

With cannabis as a core focus, INN Australia will educate investors and connect them with opportunities in this exciting and fast-paced space.

INN's entry to Australia comes after years of measuring investor sentiment in the country and examining the challenges faced by both investors and companies.

The biggest obstacle for investors in any location is separating the wheat from the chaff, especially in competitive markets like cannabis. Australia is no exception, and INN's mission has always been to provide high-quality content that investors can use to meet their goals.

The major opportunity in Australian cannabis is also a driver of INN's move into the sector. Given Australia's growing population of over 25 million people, as well as its robust agricultural industry, the country is positioned to mold itself into a major force in the international cannabis space.

Australia's agricultural production is already valued at AU$58 billion and is one of the largest contributors to the nation's GDP. The country's agricultural export prowess means that it may be able to harness that strength in the cannabis industry.

What's more, recreational marijuana has enormous potential in Australia. While cannabis for recreational use is not yet legal in the country, the strides made on the medical side show the trajectory it could take.

Case in point: in 2018, the medical cannabis industry in Australia was valued at just AU$17.7 million, but a forecast from Prohibition Partners, a market consultant agency for the cannabis sector, projects huge growth in value over the next 10 years.

The firm anticipates that by 2028, the medical cannabis market in Australia will hit AU$3.04 billion, while the recreational cannabis market is expected to be valued at AU$7.89 billion in the event that recreational use is legalized.

For investors who get in early, the returns could be massive, and INN Australia's editorial team will be there for the journey with information on market news and trends, stocks to watch and more.

Readers can expect the following content:

  • independent, trusted reporting on company and market news
  • original, high-quality educational content
  • quarterly and annual outlooks
  • up-to-date lists of top stocks
  • interviews with knowledgeable analysts and CEOs
  • real-time coverage of conferences and industry events

As the Australian cannabis industry develops, INN Australia will be your source for investing success.

Arcadia Minerals' Quarterly Activities Report JUNE QUARTER 2021

Arcadia Minerals Ltd (ASX:AM7) (Arcadia, AM7 or the Company) is pleased to present the Company's first quarterly activities report since listing on the ASX on the 25 June 2021.

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Galan Lithium's Quarterly Activities Report JUNE 2021

The Board of Galan Lithium Limited ("Galan" or "the Company") is pleased to provide this Quarterly Activities Report for the quarter ended 30 June 2021 to the date of this report. The main focus for the quarter was the commencement of foundation feasibility works and the completion of proof-of-concept laboratory testing for its low carbon footprint brine evaporation process at its flagship Hombre Muerto West Project located in the South American Lithium Triangle in Catamarca, Argentina.

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Comet Resources' Quarterly Activities Report – June 2021

Comet Resources Limited (Comet or the Company) (ASX:CRL), is pleased provide the Quarterly Activities Report and Appendix 5B for the quarter ending 30 June 2021 (the Quarter). The Company proactively progressed various exploration programs across its projects and successfully completed the acquisition of a portfolio of copper-gold and base metals assets in Australia's Northern Territory. Post Quarter end, the Company provided an update regarding the status of ongoing metallurgical test work on graphite from its Springdale Graphite Project located in Western Australia.

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In exceptional market conditions, Rio Tinto achieves record financial results and declares total interim dividend of 561 US cents per share, 75% of underlying earnings

Rio Tinto Chief Executive Jakob Stausholm said “Government stimulus in response to ongoing COVID-19 pressures has driven strong demand for our products at a time of constrained supply resulting in a significant spike in most prices. We focused on safely running our world-class assets and supplying products to our customers. This enabled us, despite operational challenges, to deliver record financial results with free cash flow of $10.2 billion and underlying earnings of $12.2 billion, after taxes and government royalties of $7.3 billion. We are further strengthening the portfolio with our commitment to fund the high-quality Jadar lithium project, which signals our large-scale entry into the fast-growing battery materials market. We will pay an interim dividend of 561 US cents per share, representing 75% of underlying earnings.

“We are making progress on our four priorities, identifying opportunities for operational improvement, advancing our ESG agenda, taking important investment decisions and stepping up our external engagement. We are making real and lasting changes to the way we engage, interact and operate and are committed to ensuring that we have strong and positive relationships wherever we do business. We have identified what we need to do to make Rio Tinto a better company for the long term, with the right teams in place to unleash our full potential.”

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Lake Resources NL Bonus Issue to Shareholders

Sydney, Australia (ABN Newswire) – Clean lithium developer Lake Resources NL (ASX:LKE) (FRA:LK1) (OTCMKTS:LLKKF), in recognition of the support received from its shareholders, wishes to advise that it intends to undertake a bonus issue of options (Bonus Options) to all shareholders with an address in Australia or New Zealand (Eligible Shareholders) at 5:00 pm (Sydney time) on the Record Date (set out in the indicative timetable set out below*).

As the Bonus Options will be issued for nil consideration, Lake is raising no capital from their issue. For every ten (10) shares held at 5:00 pm (Sydney time) on the Record Date, Eligible Shareholders will be issued with one (1) free Bonus Option.

The Bonus Options will have an exercise price $0.35 each, expiring on 15 October 2021 and, if exercised, each will result in the allotment and issue of one (1) fully paid ordinary share in Lake. Lake will not seek listing of the Bonus Options on ASX.

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Lake Resources NL Argentina based Director Strengthens Board

Sydney, Australia (ABN Newswire) – Clean lithium developer Lake Resources NL (ASX:LKE) (FRA:LK1) (OTCMKTS:LLKKF) has strengthened its Board, announcing today the appointment of experienced energy/natural resources lawyer, Sra. Amalia Saenz as a Non-Executive Director.

Based in Buenos Aires, Sra. Amalia’s appointment will assist Lake and its local team in Argentina in engaging with local stakeholders and preparing for the development of clean lithium production in Argentina.

Sra. Saenz is a partner at the law firm, Zang, Bergel & Viaes in Buenos Aires, where she leads the firm’s energy and natural resources practice.

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