Articles On Cann Group (ASX:CAN)

Here’s our fortnightly wrap of all the news driving ASX health stocks. Of the ASX’s 137-odd small cap health stocks and of those which were trading on Tuesday, 66 were in positive territory over the last fortnight, 18 were flat and 47 saw t...

Australian cannabis developer Cann Group (ASX: CAN) has signed two agreements for the supply of medicinal cannabis-formulated oil and dried flower products to markets in the United Kingdom and European Union. The first deal is with UK-based...

26 May 2020 - The Cann Group (ASX:CAN) has executed two new export supply agreements with European and UK partners for the supply of a range of medicinal cannabis formulated oil an…

The S&P/ASX 200 Index (ASX: XJO) is on course to record another strong gain on Tuesday. In late morning trade the benchmark index is up 1.4% to 5,695.1 points. Four shares that are climbing more than most today are listed below. Here’s...

North American pot stocks are roaring back from lows in March but the same cannot be said for their antipodean counterparts, many of which continue to wallow. The New Cannabis Ventures Global Cannabis Stock Index soared 26 per cent last wee...

Queensland medical marijuana group THC Global (ASX:THC) has started selling its products in Australia, with the first one available by prescription under the government’s Special Access Scheme (SAS). THC is one of several companies which an...

ASX cannabis shares have faced a difficult few months. Struck by a capital crunch earlier this year, cannabis shares were then hammered in the March downturn. Last year wasn’t much better, with the vaping crisis and slow roll out of Canada...

ASX cannabis shares are staging a comeback after the depths of the March bear market. Auscann Group Holdings Ltd (ASX: AC8) shares are up over 15% this morning, and 57% from March lows. AusCann has now commenced clinical evaluation of its...

ASX cannabis shares have proven to be susceptible to coronavirus, with valuations slashed in the recent market downturn. This is the second crisis to hit cannabis shares in the past year, after the “vape crisis” in late 2019.  The current...

The Althea Group Holdings Ltd (ASX: AGH) share price has fallen materially over the last few weeks following the coronavirus-induced market volatility. In fact, it isn’t just Althea which has been impacted. The likes of Auscann Group Holdi...

The THC Global Group Ltd (ASX: THC) share price has returned from its trading halt and is zooming higher on Tuesday morning. At the time of writing the cannabis company’s shares are up 11% to 34.5 cents. Why was the THC Global share price...

Reporting season wrapped up last week with the S&P/ASX 200 Index (INDEXASX: XJO) falling more than 10% from recent highs. As fears around the spread of coronavirus escalated, the contagion of fear infected markets, prompting a major c...

The Cann Group Ltd (ASX: CAN) share price has plunged 5.15% in early trade after the cannabis cultivator released its half year results last night. Cann Group reported a loss for the half year, but is seeking to transition to near-term pro...

The breakdown in the corporate North American marijuana sector is having ramifications in the Australian industry, and it’s unclear how big an impact the ructions will continue to have. Lower than expected take up of recreational marijuana...

In afternoon trade the S&P/ASX 200 index is on course to end the week in the red. At the time of writing the benchmark index is down 0.6% to 7,009.1 points. Four shares that are falling more than most today are listed below. Here’s why...

Cann Group (CAN) has successfully completed the issue of convertible notes to raise just under $8 million A total of 8 million shares were issued to six sophisticated and professional investors at the price of $1 per share Of this, Cann...

The Cann Group Ltd (ASX: CAN) share price is trading lower on Friday after raising funds for working capital requirements. In morning trade the cannabis company’s shares are down 3% to $1.27. What did Cann Group announce? This morning Cann...

Following a 30 per cent gain in 2019, the S&P/ASX Emerging Companies index – which measures overall performance of the ASX microcap sector — moved another 3 per cent higher in January. Of the sub-$400m market cap companies on our list,...

The Cann Group Ltd (ASX: CAN) share price was amongst the best performers on the All Ordinaries on Wednesday. The cannabis company’s shares climbed over 4% to $1.46. This stretched its year to date gain to an incredible 132%. Why did the C...

Medicinal cannabis company Cann Group (CAN) has changed its business strategy following recent demand and supply disruptions The company will focus on product sales into the Australian domestic market while export opportunities continue t...

Medicinal cannabis company Cann Group (CAN) has changed its business strategy following recent demand and supply disruptions The company will focus on product sales into the Australian domestic market while export opportunities continue t...

Cann Group (ASX:CAN) is pulling back from its original ambitious Mildura cannabis growing warehouse, saying a global oversupply has led it to change plans. Furthermore, major shareholder Aurora says it won’t participate in any new funding r...

ASX cannabis shares endured a tough 2019, as investors cooled on the latest investing trend. However, some of the biggest listed groups have bounced back in January and are up as much as 100% this year. Here’s why 3 of the biggest names in...

The All Ordinaries index has started 2020 in an exceptionally positive fashion. The year may be just a touch over four weeks old, but the index has already carved out a gain of 5.8%. Whilst this is impressive, a number of shares on the ind...

In afternoon trade the S&P/ASX 200 index is on course to record a disappointing decline. At the time of writing the benchmark index is down 0.75% to 7,079.2 points. Four shares that have not let that hold them back are listed below. He...

Shares in Cann Group Ltd (ASX: CAN) rose to fresh highs for the year yesterday. The Cann Group share price rose 22.55% during the day to close at $1.68, up significantly from Friday’s close of $1.36. The Cann Group share price has since f...

The S&P/ASX 200 index has followed the lead of U.S. markets and pushed higher on Monday. In afternoon trade the benchmark index is up 0.35% to 7,088.3 points. Four shares that are climbing more than most today are listed below. Here’s...

Only one prescription for medical marijuana has been issued by a doctor in the Northern Territory, according to Minister for Health Natasha Fyles. In a submission to the Senate inquiry into barriers to patient access to marijuana, Fyles sai...

In afternoon trade the S&P/ASX 200 index is on course to record another solid gain. At the time of writing the benchmark index is up 0.3% to 6,983.8 points. Four shares that have failed to follow the market higher today are listed belo...

The Cann Group Ltd (ASX: CAN) share price was on form again on Monday and recorded another strong gain. The medicinal cannabis company’s shares raced 13% higher to end the day at $1.07. This latest gain means that Cann Group’s shares have...

In afternoon trade the S&P/ASX 200 index has followed the lead of U.S. markets and is on course to record a strong gain. At the time of writing the benchmark index is up 1% to 6,884.1 points. Four shares that have failed to follow the...

As the world learns tasty cannabis edibles might not be the safest of munchies, Australian investors have served up 19 small cap cannabis stocks as gainers on the ASX. Cannabis edibles are legal in some US states and Canada and just one pro...

The S&P/ASX 200 index is back on form on Tuesday and storming higher this afternoon. At the time of writing the benchmark index is up 1.1% to 6,808.6 points. Not all shares have been able to follow the market higher today. Here’s why t...

Cann Group (CAN) and IDT Australia (IDT) have announced that GMP extraction activities are underway for the first batches of medicinal cannabis resin The extracted resin will be used as an active pharmaceutical ingredient to produce GMP me...

Cann Group (ASX: CAN) and IDT Australia (ASX: IDT) are closer to producing their first medicinal cannabis products with GMP extraction activities now underway. Once extracted, the resin will be used as an active pharmaceutical ingredient fo...

Cann Group’s (ASX: CAN) manufacturer has started making cannabis resin from the company’s plants, and it should be ready for sale by March. The resin needs to be tested for stability before being sold as oil and as an active pharmaceutical...

07 Jan 2020 - The Cann Group (ASX:CAN) and IDT Australia (ASX:IDT) have jointly announced that GMP extraction activities are underway for the first batches of medicinal cannabis re…

The Cann Group Ltd (ASX: CAN) share price has returned from its trading halt and rocketed higher. In morning trade the cannabis company’s shares are up 25% to $1.26. Why is the Cann Group share price rocketing higher on Tuesday? Investors...

Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade. It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms. The market opens at 10am (easte...

After a morning scare, the ASX managed to pare back its losses to close slightly green. While today’s gains are certainly muted, it’s as good as investors could hope for after a grim night on Wall Street set global markets up for a toug...

Australia’s S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) and ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) indices finished higher on Monday. Here’s a short recap of the Australian market: S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) higher 0.03% to...

The Cann Group Ltd (ASX: CAN) share price was the best performer on the All Ordinaries index on Monday before being placed in a trading halt. The cannabis company’s shares were up as much as 28% to $1.03 at one stage today. And were 25.5%...

In afternoon trade the S&P/ASX 200 index is on course to start the week on a disappointing note. At the time of writing the benchmark index is down 0.45% to 6,704.1 points. Four shares that have not let that hold them back today are li...

Last year was a bear market for cannabis stocks globally. During 2019, the excitement that had followed the legalisation of marijuana in many jurisdictions was replaced by cautio as investors realised early forecasts weren’t necessarily ma...

The S&P/ASX 200 index was a strong performer in 2019, ending the year with a return of just over 20% excluding dividends. The benchmark index achieved this despite a number of wobbles along the way. Here are a few ASX lowlights for 201...

In afternoon trade the S&P/ASX 200 index is on course to end the year on a very disappointing note. At the time of writing the benchmark index is down 1.7% to 6,690.5 points. Four shares that have fallen more than most today are listed...

The Cann Group Ltd (ASX: CAN) share price has started the week on an incredibly positive note. At the time of writing the cannabis company’s shares are the best performers on the All Ordinaries index. In afternoon trade they are up a massi...

In afternoon trade the S&P/ASX 200 index is on course to start the week on a disappointing note. At the time of writing the benchmark index is down 0.45% to 6,790.8 points. Four shares that have not let that hold them back today are li...

Shares faded to a two-week low as institutional traders locked in profits at the end of a strong year, and a slew of investment trusts went ex-dividend. The ASX 200 slid 37 points or more than 0.5 per cent to 6784 on holiday-reduced volu...

Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade. It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms. The market opens at 10am (easte...