Articles On Cann Group (ASX:CAN)

The S&P/ASX 200 Index (ASX: JXO) is having a pretty decent day today. A the time of writing, the ASX 200 is up a healthy pre-Easter 0.21%. But one group that is doing a quarter-ounce better are ASX cannabis shares. Take Creso Pharma Lt...

Australia’s medical marijuana industry is showing strong growth, according to an industry-leading biannual report. The Freshleaf Analytics report, released this morning, says that patient numbers have grown 15-fold over the past two and a h...

Emyria (ASX:EMD) and Cann Group (ASX:CAN) have announced a collaboration agreement under which they will seek accelerated registration of a low-dose cannabidiol (CBD) only capsule with the TGA.

The Cann Group Ltd (ASX: CAN) share price was out of form on Monday. The cannabis company’s shares fell 3.5% to 55 cents. This latest decline means the Cann share price is now down a disappointing 56% from its 52-week high. Why is the Cann...

Cann Group Ltd (ASX: CAN) shares opened slightly higher on Monday but have since retreated. This comes after the company announced a partnership with Emyria Ltd (ASX: EMD). At the time of writing, the Cann share price is trading 1.75% lowe...

Source:ShutterstockProfessional, Shutterstock Summary Althea Group Holdings Limited updated the market with a new and innovative range of its oil-based cannabis products. Cann Group and Emyria have entered in collaboration to accelera...

Cannabis companies Cann Group (ASX:CAN) and Emryia (ASX:EMD) are joining forces in a bid to be the first companies to have a low-dose cannabinoid (CBD) product approved for sale in Australian pharmacies without a prescription. They are hopi...

Source:ElRoi, Shutterstock Summary Cann Group is a $163.9 billion cannabis company focused on breeding, cultivating, manufacturing and supplying medicinal cannabis. AusCann Group is the smallest cannabis player in this list, with a ma...

If you’re travelling from Canada, Holland, certain US states, or any other parts of the world where recreational cannabis use has been legalised, step carefully if you plan to visit Japan. Japanese courts continue to enforce strict laws su...

Here’s our fortnightly wrap of all the news driving ASX health stocks. It’s been a mixed two weeks for small-cap health companies, with 58 companies gaining ground and 54 losing it. Another 16 were flat. Code Company Price % return...

Pot legalisation is creeping across the US state by state, and a major market could be about to join their ranks. Reports out of New York indicate that lawmakers in the Empire State are close to signing a new bill legalising recreational ca...

Source: Stereo Lights, Shutterstock Summary The Australian cannabis industry is in an infant stage and can offer several opportunities to market participants with a keen interest in this space. Developer and supplier of cannabis produ...

If you’re aiming to add some diversification to your portfolio in March, then you might want to look at exchange traded funds (ETFs). This is because they are an easy and effective way to achieve diversification as they give investors acce...

The transaction is consistent with Harvest One’s strategy to divest non-core assets, streamline operations and utilise strategic manufacturing partners to create efficiencies to support the company’s CPG business model.

Cann Group Ltd (ASX: CAN) shares are edging higher today following the release of the medicinal cannabis company’s financial results for the half year ending 31 December (H1 FY21). At the time of writing, the Cann Group share price is trad...

It looks like Cann Group (ASX:CAN) will be left with a $3.6 million loss in the wake of a devastating ... Read More The post Not covered: Cann Group on the hook for $3.6 million cybersecurity incident appeared first on Stockhead.

Summary Cann Group has reported revenue from net sales of $1.08 million and an operating loss of $9.4 million. After the end of the reported period, the company announced commitments to a minority investment in iuvo worth CA$1 million....

In what may be a catalyst for ASX cannabis shares, a private company today gained approval to grow medicinal cannabis in Western Australia. As reported by the ABC, the private medicinal cannabis company Elite Cannabinoids has received appr...

Eagle-eyed followers of ASX cannabis shares might have noticed something strange about the Cann Group Ltd (ASX: CAN) share price this morning. It wasn’t going anywhere. Cann shares closed at 78 cents yesterday after rising more than 36% at...

The first half of FY21 (1H FY21) saw positive developments for ASX cannabis shares surrounding the regulation of medicinal cannabis products both locally and internationally. International markets were buoyed by the down-scheduling of cann...

Cann Group (ASX:CAN) says it will make up to $7 million less than the $15 million in full-year revenue the ... Read More The post Cann Group lowers guidance, makes acquisition; Zelira to get new boss appeared first on Stockhead.

Summary An ethical leader in the emerging medical cannabis market, Cann Group, is set to acquire Satipharm business from Harvest One Cannabis. Cann is confident that Satipharm acquisition will help accelerate revenues and bolster its p...

15 Feb 2021 - Medicinal cannabis producer Cann Group (ASX:CAN) has sealed a deal to acquire Satipharm from Canadian-domiciled Harvest One Cannabis (CVE:HVT).

The Cann Group Ltd (ASX: CAN) share price is pushing higher today following the release of a couple of announcements. At the time of writing, the cannabis company’s shares are up 2.5% to 79 cents. Why is the Cann share price pushing higher...

Summary Medicinal cannabis products manufacturer Cann Group was at the centre of another cybersecurity incident to have hit Australian companies. The Company is in ongoing talks with its bank to see if it’s possible to halt the payment...

A $3.6 million funds transfer by Cann Group to an overseas contractor building the medicinal cannabis company’s Mildura factory has been stolen in what’s been described as a “complex and sophisticated cyber fraud” by an unknown hacker. The...

Summary ASX companies have continued to disclose results as indices extended rally on Monday. Vocus Group shares jumped significantly on Monday after the company announced a non-indicative bid from Macquarie’s MIRA. ASX shares were...

In afternoon trade on Monday, the S&P/ASX 200 Index (ASX: XJO) is on course to start the week with a solid gain. At the time of writing, the benchmark index is up 0.6% to 6,880.2 points. Fours ASX shares that have failed to follow the...

A "sophisticated" cyber fraud perpetuated against Cann Group (ASX: CAN) has seen the cannabis company lose $3.6 million. In an ASX announcement posted today, Cann Group says it discovered the breach on 4 February and is currently still in...

A "sophisticated" cyber fraud perpetuated against Cann Group (ASX: CAN) has seen the cannabis company lose $3.6 million. In an ASX announcement posted today, Cann Group says it discovered the breach on 4 February and is currently still in...

Cann Group (ASX:CAN) has been hit by a cyber attack, and the early signs don’t look good. The Victoria-based cannabis ... Read More The post Cann Group gets hit by cyber attack, says it’s given a fraudster $3.6m appeared first on Stockhead.

The Cann Group Ltd (ASX: CAN) share price has returned from its trading halt and is crashing lower. At the time of writing, the cannabis company’s shares are down 10% to 59.5 cents. Why was the Cann share price in a trading halt? On Friday...

The Cann Group Ltd (ASX: CAN) share price is out of form and sinking lower on Thursday. In afternoon trade, the cannabis company’s shares are down 3% to 62 cents. Why is the Cann Group share price dropping lower? The Cann share price has c...

Not too many investors are having a good time today. At the time of writing, the S&P/ASX 200 Index (ASX: XJO) is down 2.18% to 6,633points, snapping the healthy momentum that 2021 had brought until now. One ASX sector is fairing a lot...

With Joe Biden due to take office this week, many investors are wondering what this could mean for ASX shares. Ahead of his inauguration Biden has revealed a $1.9 trillion coronavirus relief plan aimed at combating the pandemic and the eco...

Lifespot Health (ASX: LSH) has announced a significant investment by major Canadian cannabis investment fund Ela Capital, marking a great achievement for the Australian cannabis industry as well as providing the necessary boost for the acce...

There is a sector in Australia that’s about to grow its revenue by 478% in the current financial year, according to one analyst. Consumer research firm IBISWorld revealed Tuesday that the medical cannabis manufacturing industry is currentl...

ASX shares related to sustainable energy aren’t the only green companies likely to get a boost from the blue wave that swept through the US elections. ASX cannabis companies could also receive some fresh tailwinds. How the Georgia election...

It’s been another positive day on the ASX in the wake of Democrats gaining control of the US Senate – but small caps have once again underperformed their larger peers. The Small Ordinaries index of 200 small-cap companies closed Friday up 1...

The Cann Group Ltd (ASX: CAN) share price has wobbled in morning trading on news the medicinal cannabis company received a tax refund for its research and development (R&D). In early trade, the Cann Group share price was up as high as...

08 Jan 2021 - Cann Group (ASX:CAN) has secured a $3.2 million research and development tax incentive refund.

Summary Cann Group to invest CAD 1 million in cannabis products distributor, iuvo Therapeutics Limited. The investment would help Cann improve its patient reach in Europe. The funds would help iuvo expand its sales & marketing abil...

The Cann Group Ltd (ASX: CAN) share price has backflipped this morning after the company reported a strategic investment. At market open, the Cann share price fell to an intraday low of 59.5 cents. However, following release of the announc...

In late morning trade the S&P/ASX 200 Index (ASX: XJO) is off its lows but still in the red. At the time of writing, the benchmark index is down 0.3% to 6,665.1 points. Four shares that have not let that hold them back are listed below...

Summary The Australian cannabis industry welcomed TGA’s recent decision to down schedule cannabidiol. The regulatory body’s decision will come into effect from 1 February 2021, instead of 1 June 2021 set earlier. Most of the ASX-liste...

Summary Cann Group completes the shipment of medicinal cannabis oil to Astral Health, which would be supplied as a component of LYPHE’s involvement in Project Twenty21. After signing a five-year supply deal with Astral Health, Cann Gro...

Cannabis stocks aren’t finished in 2020 just yet, continuing to report news as the year winds down. 2020 has been ... Read More The post Cannabis stocks are finishing 2020 on a high; Cann Group, Bod announce new European orders appeared fir...

The Cann Group Ltd (ASX: CAN) share price has rocketed up today on news the company has shipped its first order to a supply partner in the United Kingdom. At the time of writing, the Cann share price is up 13.3% at 56 cents after reaching...

Investors in ASX cannabis shares have had a bumpy ride in 2020. Share prices were impacted by global oversupply issues in late 2019 then plunged in the March 2020 market downturn. But the Australian medical marijuana industry is building...

Marijuana companies – or “pot stocks” to those who prefer brevity – were all the rage back in late 2017 and early 2018. California, America’s most populous state and the fifth largest economy in the world, was legalising the recreational u...