Articles On Creso Pharma (ASX:CPH)

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Creso Pharma subsidiary granted amended cannabis 2.0 licence in Canada

Aussie pot stock Creso Pharma is in a prime position to capitalise on the burgeoning Canadian premium, craft cannabis sector after its subsidiary was granted an amended cannabis 2.0 licence in Canada. The wholly-owned Canadian subsidiary o...

Stockhead CPH 2 years ago
Creso Pharma (ASX:CPH) posts 77pc revenue jump in Q3

Creso Pharma (CPH) reports a 77 per cent year-on-year (YoY) jump in group revenue to $2.05 million for the September quarterThis result takes Creso’s unaudited year-to-date revenue to roughly $6.4 million, which already exceeds 2021The medi...

themarketherald.com.au CPH 2 years ago
ASX Biotech Stocks: Surgeons can now be reimbursed for using Orthocell’s nerve repair device

Surgeons can now be reimbursed for the use of Orthocell’s nerve-reconstruction device SaaS player ReadyTech is considering a takeover offer from an Aussie private equity firm Creso is raising up to $7.6m to advance sales and marketing of i...

Stockhead CPH 2 years ago
Creso welcomes news that US cannabis banking and expungements bill is close

There are reports that regulatory progression on the US cannabis front is getting closer which is good news for ASX-listed Creso Pharma. At a US Senate debate on Sunday Senate Majority Leader Chuck Schumer said Congress is “very close” to...

Stockhead CPH 2 years ago
Closing Bell: “How to seize control, dispose of rivals and reign forever”, by J. Stalin and E. Musk.

The ASX has closed lower by 0.9% Elon Musk takes the reins at Twitter and immediately fires everyone in the room Potentia’s making an aggressive play for Nitro Software. Again.   Aussie markets are down for the day, with a dreadful result...

Stockhead CPH 2 years ago
Weed Week: Germany’s plans to legalise cannabis rekindle North American investment spark in Europe

Germany looks to legalise recreational cannabis and US and Canadian companies are paying attention  Neurotech reports success with its cannabis-based drug for paediatric autism symptoms  ECS Botanics has sold its Tasmanian business and a...

Stockhead CPH 2 years ago
Dr Boreham’s Crucible: Go Woke, go broke? Early signs say no concerns with this pyschedelic IPO

Amid a worldwide surge of interest in using psychedelic substances to treat stubborn mental health conditions, the ASX possibly soon could host its first pure-play drug developer in this (mind) expanding field. The private Woke Pharmaceutic...

Stockhead CPH 2 years ago
Check Up: Only two healthcare IPOs from 2021 are gaining ground, could the rest be buying opportunities?

We take a look at how the 15 biotech IPOs that listed in 2021 are faring now Only two IPO stocks from 2021 have gained since listing We also look at the best and worst performing ASX stocks over the past month   There were 191 ASX IPOs in...

Stockhead CPH 2 years ago
Major appointments and rebrand for Australian medicinal cannabis company

Australian medicinal cannabis company Creso Pharma has announced some major changes with the departure of its founder and proposed new branding.

BiotechDispatch CPH 2 years ago
Creso Pharma (ASX:CPH) reshuffles board, plans name change

Creso Pharma (CPH) is looking to change its name to Melodiol Global Health to reflect its growth strategyAlso as part of this strategy, Creso welcomes two new directors to its board following the resignation of Non-Executive Director and Fo...

themarketherald.com.au CPH 2 years ago
Why is everyone talking about ASX cannabis shares all of a sudden?

ASX cannabis shares have leapt back onto investor radars and are likely to grab more media headlines in the weeks ahead. While all three are deep in the red today amid wider selling action that sees the All Ordinaries Index (ASX: XAO) down...

Motley Fool CPH 2 years ago
ASX Pot Stocks Surge on US Cannabis Policy Overhaul

ASX pot stocks soared on Friday, with Creso Pharma [ASX:CPH] rising more than 25% after news of a marijuana legislative overhaul in the US flagged by President Biden. The post ASX Pot Stocks Surge on US Cannabis Policy Overhaul appeared fir...

MoneyMorning CPH 2 years ago
Closing Bell: ASX meanders to unsatisfying close

Aussie markets end Friday on a -0.80% disappointment US signals new cannabis laws, good news for Aussie producers Zelensky the hot tip to win a rare mid-war Nobel Peace Prize   The ASX has dribbled  it’s way towards Friday’s -0.80% close,...

Stockhead CPH 2 years ago
ASX moves lower amidst fears of another Fed rate hike: Aus shares 0.6% down at noon

ShareCafeASX moves lower amidst fears of another Fed rate hike: Aus shares 0.6% down at noon by Peter Milios   At noon, S&P/ASX 200 is 0.61 per cent or 41.90 points lower at 6775.60, following a tumultuous day in the US markets, as the...

ShareCafe CPH 2 years ago
Creso ready to capitalise on potential US reclassification of cannabis

Big news out of the US today with President Joe Biden announcing plans to pardon all federal offenses of cannabis possession in the USA – highlighting the first significant step towards decriminalisation. The announcement also marks initial...

Stockhead CPH 2 years ago
Stocks of the Hour: TBN, KGD

ShareCafeStocks of the Hour: TBN, KGD                    Cannabis stocks were the highlight overnight as President Joe Biden pardoned all prior federal offences of simple marijuana possession. This has flowed through to medicinal cann...

ShareCafe CPH 2 years ago
Creso Pharma’s (ASX:CPH) Halucenex completes phase two trial recruitment

Creso Pharma’s (CPH) Canadian-based psychedelics company Halucenex Life Sciences completes recruitment for its phase two clinical trialThe trial will test the efficacy of psilocybin on people with treatment-resistant Post Traumatic Stress D...

themarketherald.com.au CPH 2 years ago
Check Up: Blood clots are a $55bn opportunity and these 2 ASX stocks are vying for a slice

Blood clot programs have taken the spotlight recently as new discoveries made Two ASX health stocks are in the blood clot space Top performing ASX healthcare stocks in the past month Blood clots were top of biotech news this week after re...

Stockhead CPH 2 years ago
Creso Pharma’s (ASX:CPH) Mernova expands into Canadian medicinal cannabis market

Creso Pharma’s (CPH) wholly-owned Canadian subsidiary Mernova Medicinal appoints JMF Growers as maiden distributor of medicinal cannabis products in CanadaUnder the agreement, Mernova will provide JMF Growers with a range of Ritual Green st...

themarketherald.com.au CPH 2 years ago
Weed Week: The lazy stoner stereotype is a myth and this Aussie uni wants to study home grown cannabis

Cambridge says cannabis smokers are not actually lazy, that’s a myth USyd wants to test home-grown cannabis in the ACT Incannex joins the big leagues S&P/ASX300 index   It turns out that the lazy stoner stereotype is actually a myth,...

Stockhead CPH 2 years ago
Crypto gaming platform The Sandbox teams with Renault; Metaverse trademark applications surge in 2022

Popular metaverse gaming platform The Sandbox (SAND) has partnered with the Korean subsidiary of French automotive-industry giant Renault. The Sandbox, which is owned by major crypto-gaming incubator and investor Animoca Brands, confirmed t...

Stockhead CPH 2 years ago
Weed Week: Legal use of medicinal cannabis in Australia on the rise, Lambert Initiative says

Researchers say data shows transition from illicit to legal use of cannabis Medicinal users are at 37%, compared to 2.5% in 2018 Regulations, quality control and costs still barriers for legal week users   New research from the University...

Stockhead CPH 2 years ago
Creso Pharma’s (ASX:CPH) Halucenex secures amendment for psychedelic trial

Creso Pharma’s (CPH) subsidiary, Halucenex Life Sciences, secures an amendment to its Clinical Trial Authorisation (CTA) from Health Canada This marks a key step in commencing a phase two clinical trial testing the efficacy of Halucenex’s...

themarketherald.com.au CPH 2 years ago
Can ASX cannabis shares ever fully recover?

ASX cannabis shares have been mixed performers on the market in the year to date, but are there better days ahead? Cannabis shares on the ASX include Cronos Australia Ltd (ASX: CAU), Incannex Healthcare Ltd (ASX: IHL), Emyria Ltd (ASX: E...

Motley Fool CPH 2 years ago
Creso Pharma’s (ASX:CPH) ImpACTIVE appoints new brand ambassador

Creso Pharma’s (CPH) subsidiary, ImpACTIVE, appoints multi-sport performance coach Kolby Tullier as brand ambassador Mr Tullier will be paid US$40,000 (A$56,183) in cash as well as shares over the initial 12 month term of his agreement CPH...

themarketherald.com.au CPH 2 years ago
Weed Week: Ice-T plans to open dispensary and Snoop Dogg’s venture capital firm backs weed snacks

Ice-T is opening a cannabis dispensary in New Jersey this year Snoop Dogg’s venture capital firm led a seed funding round for TSUMo Snacks Incannex ramps up development and manufacturing of IHL-216A drug New Jersey has given Ice-T the gre...

Stockhead CPH 2 years ago
ASX 200 closes marginally up; energy, materials sectors lead gains

Highlights The ASX 200 benchmark index closed up today (August 8), gaining 0.071% to end at 7,020.60 points. In last five trading sessions, the benchmark index has gained 0.39%, but is down 5.70% on year-to-date basis. Eight out of 11...

Kalkine Media CPH 2 years ago
ASX 200 closes marginally up; energy, materials sectors lead gains

Highlights The ASX 200 benchmark index closed up today (August 8), gaining 0.071% to end at 7,020.60 points. In last five trading sessions, the benchmark index has gained 0.39%, but is down 5.70% on year-to-date basis. Eight out of 11...

Kalkine Media CPH 2 years ago
Creso Pharma’s (ASX:CPH) Mernova lands new purchase orders

Creso Pharma’s (CPH) Canadian subsidiary, Mernova medicinal secures new purchase orders in July The company have brought in purchase orders worth C$416,340 (A$465,083) last month, representing growth from its June revenue CPH says the new...

themarketherald.com.au CPH 2 years ago
Sick of high petrol prices? Then buy this ASX share: analyst

While inflation has gripped the share markets this year, in the real world the most visible manifestation is when motorists drive into a petrol station. For the first time, Australians in 2022 have had to get used to paying in the $2s for...

Motley Fool CPH 2 years ago
ScoPo’s Powerplays: ‘Big haircuts’ for ASX health stocks Morgans reviews quarterly results

Healthcare and life sciences expert Scott Power, who has been a senior analyst with Morgans Financial for 24 years, explains what the movers and shakers have been doing in health and gives his ASX Powerplays. Morgans takes conservative app...

Stockhead CPH 2 years ago
Why is the Woodside share price in a slump on Friday?

Shares in the global energy giant Woodside Energy Group Ltd (ASX: WDS) are down 2% and other ASX energy shares are also having a day in the red. At the time of writing, the Woodside share price is trading at $30.89. It has fallen almost 5...

Motley Fool CPH 2 years ago
Which ASX 200 shares will prove to be dividend heavyweights this earnings season?

It’s that exciting time of the year again when many ASX-listed companies spill the tea on their latest financial results. Coincidentally, the reporting season aligns with an inundation of dividends from some of the biggest shares in the S&...

Motley Fool CPH 2 years ago
Creso Pharma (ASX:CPH) launches $7m placement, scraps potential $25m Obsidian debt funding deal

Medicinal cannabis specialist Creso Pharma (CPH) taps private investors for $7 million to support its expansion into the United States CPH will issue 175 million shares at four cents per share, with investors to receive one option for ever...

themarketherald.com.au CPH 2 years ago
Why Creso Pharma, Endeavour, Orica, and Woodside shares are dropping

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is fighting hard to stay in positive territory. At the time of writing, the benchmark index is up 4 points to 6,980 points. Four ASX shares that have failed to follow the market high...

Motley Fool CPH 2 years ago
Creso Pharma to purchase Health House International in deal worth $4.6m

Just over a month after the collapse of Health House International’s (ASX: HHI) proposed merger with Zelira Therapeutics (ASX: ZLD), cannabidiol (CBD) innovator Creso Pharma (ASX: CPH) has announced the signing of a non-binding term sheet t...

businessnewsaustralia.com CPH 2 years ago
Weed Week: Aurora Marijuanis and CBD bubble tea in Thailand

Mysterious pink glow over Mildura Thailand businesses go nuts for CBD desserts and bubble tea ECS nabs $2m commercial loan facility to invest in new capacity ICYMI a mysterious pink glow above Mildura sent residents into a bit of a frenzy...

Stockhead CPH 2 years ago
Closing Bell: On July 27 a crack team of small caps made huge gains on news they did not put out. This is their story

ASX 200 is up 0.2% and the XEC is down -0.2% Tension stateside ahead of FOMC decision, EU markets to start flat CPI at 6.1% is better than feared but enough to move the RBA next Tuesday And a crack team of small caps broke out of the ordin...

Stockhead CPH 2 years ago
Placement outbreak: Creso Pharma, New World, Memphasys chase investors

While the bigger end of the towns tides out pre-earnings blackouts, small caps are making the most of ASX’s green days and fronting investors with cash calls. 

AFR CPH 2 years ago
Creso Pharma’s (ASX:CPH) Sierra Sage Herbs to produce plant-based first aid collection

Creso Pharma’s (CPH) targeted acquisition company, Sierra Sage Herbs (SSH), strikes an agreement with FSA Store to produce the group’s plant-based first aid collection The companies have executed a non-exclusive private label manufacturing...

themarketherald.com.au CPH 2 years ago
Creso Pharma’s acquisition target lands deal with leading US online health marketplace

The deal between Creso’s acquisition target Sierra Sage Herbs could potentially open up a huge opportunity for new markets. Creso Pharma (ASX:CPH)’s target acquisition company, Sierra Sage Herbs (SSH), has secured a private label agreement...

Stockhead CPH 2 years ago
Creso Pharma’s (ASX:CPH) Mernova Medicinal executes two purchase orders

Creso Pharma’s (CPH) Canadian subsidiary, Mernova Medicinal, generates new purchase orders through the Ontario Cannabis Store’s (OCS) retail flow-through program The OCS program expands the company’s distribution reach, with easier access...

themarketherald.com.au CPH 2 years ago
Check Up: US FDA approves first clinical trial of naturally derived psychedelic drugs

US FDA approves the first clinical trial using naturally derived psychedelic drugs It could open possibilities for other clinical trials to follow suit Best and worst biotechs over the past month In a ground-breaking development, the US F...

Stockhead CPH 2 years ago
Creso Pharma (ASX:CPH) expands psilocybin in PTSD study

Creso Pharma (CPH) progresses activities for its phase two clinical trials, to test the effectiveness of psilocybin in treating post-traumatic stress disorder (PTSD) The company applied to include additional cohorts in the study, which wil...

themarketherald.com.au CPH 2 years ago
Weed Week: An Aussie medicinal cannabis farm for sale and crypto ATMs in weed dispensaries

ECS is selling its medicinal cannabis farm in Tasmania Crypto ATMs are now a thing in weed dispensaries in the US Zelira Therapeutics nabs regulatory approval in Germany for insomnia medication Ever fancied your own cannabis farm? Well, t...

Stockhead CPH 2 years ago
Creso Pharma’s (ASX:CPH) ImpACTIVE appoints three new brand ambassadors

Creso Pharma (CPH) subsidiary Creso ImpACTIVE appoints three new brand ambassadors to drive awareness and potential sales of its CBD medicinal products The three ambassadors include professional golfers Kelly Whaley and Will Wilcox as well...

themarketherald.com.au CPH 2 years ago
Creso Pharma (ASX:CPH) eyes expansion in South Korea

Creso Pharma (CPH) executes a letter of intent (LOI) with Providence Animal Health Korea to bring its anibidiol product suite to the South Korean market The partnership will work towards the registration, importation and commercialisation...

themarketherald.com.au CPH 2 years ago
Creso Pharma (ASX:CPH) signs potential partnership with Gotro for Sierra pet products

Creso Pharma (CPH) signs a heads of agreement with leading pet care distributor Gotro Global to introduce its subsidiary Sierra Sage Herbs’ pet care products to Singapore Under the agreement, Gotro will market select products of Sierra’s r...

themarketherald.com.au CPH 2 years ago
Check Up: These biotech themes got billions in VC funding. These ASX stocks could benefit

A recent research reveals which biotech segments VCs are ploughing billions of dollars into We list the ASX companies that are operating within those thematics We also list the best and worst ASX biotech performers over the past week and m...

Stockhead CPH 2 years ago
Weed Week: Cannabis lounges in Las Vegas and Cann’s Mildura cannabis facility gets GMP licence

Retail and independent cannabis lounges could be opening soon in Vegas Cann Group gets good manufacturing practice (GMP) licence for its Mildura facility Bod plans to launch a low dose CBD schedule 3 product into the Australian market  ...

Stockhead CPH 2 years ago