Articles On Cann Group (ASX:CAN)

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...

At the time of writing shares of Cann Group Ltd (ASX:CAN) trade at 39.5 cents, up 12.86%. The CAN share price was up on news the medical cannabis company gained approval for new banking debt facilities... The post Cann Group Share Price Ri...

Cann Group Ltd (ASX: CAN) shares are flying after the company held its annual general meeting (AGM) this morning. The Cann share price has gained 25.71% so far today, rising to a price of 44 cents. The news comes a day after the company an...

In an industry-first deal, Cann Group (ASX:CAN) has won a $50 million debt facility to build its medical cannabis production ... Read More The post NAB just gave cannabis stock Cann Group a $50m debt facility in industry-first deal appeared...

The Cann Group Ltd (ASX: CAN) share price has started the week in sensational form. In afternoon trade the cannabis company’s shares are up a sizeable 13% to 35 cents. Why is the Cann Group share price rocketing higher? Investors have been...

In afternoon trade the S&P/ASX 200 Index (ASX: XJO) is defying Friday’s weakness on Wall Street and is pushing higher. At the time of writing, the benchmark index is up 0.5% to 6,573.3 points. Four shares that are climbing more than mo...

Summary Cann Group has disclosed that it has secured credit approval for a debt facility worth A$50 million debt from National Australia Bank (NAB). Debt funding with NAB clears the Company’s path to restart construction on the Mildura...

The Elixinol Global Ltd (ASX: EXL) share price is on fire today, up more than 55% at the time of writing to 22 cents a share. The Elixinol share price closed at 14 cents a share last week, but opened this morning at 16 cents a share and ha...

Cann Group (ASX:CAN) shares dropped this morning after North American pot producer Aurora Cannabis (NYSE:ACB) sold out. According to the ... Read More The post Aurora Cannabis sells its $13m stake in Aussie pot stock Cann Group appeared fir...

ASX cannabis stocks are continuing their victory lap following yesterday’s decision by the TGA to re-classify low-dose cannabidiol (CBD) products. The TGA has made an interim decision to down schedule CBD products, including oil and pills,...

The market may be sinking lower today but that hasn’t stopped ASX cannabis shares from storming higher. For example, at the time of writing the Althea Group Holdings Ltd (ASX: AGH) share price is up 8% to 54 cents. Elsewhere, the Auscann G...

One of the biggest names in Australia's medicinal cannabis industry has increased the size of a share purchase plan (SPP) by 62 per cent after an encouraging uptake from investors. Following a successful $14.3 million placement including...

ASX cannabis shares faded from the spotlight in 2020 as the coronavirus pandemic took over. But the Australian medical marijuana companies have been working through COVID-19 disruptions as they look to scale their businesses. Some have bee...

ASX companies continued to raise money in July, with over $4bn shelled out by investors, taking 2020’s total above $30bn. According to Bloomberg, there has been $32.3bn worth of cash raised between January 1 and August 3. This is well ahead...

Cannabis shares were considered a fad for a while. Now, they’ve proved they’re here to stay. As the Australian medicinal cannabis industry grows, ASX cannabis companies are refining their strategies. While some are focused on cultivation a...

A quick wrap of the ASX’s key winners and losers on Thursday, July 23. Data is taken after the market closes at 4pm EST. Stocks highlighted in yellow made potentially market-moving announcements during the day. Today 798 stocks rose, 500 de...

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...

The S&P/ASX 200 Index (ASX: XJO) has run out of steam on Wednesday and is dropping lower. In late morning trade the benchmark index is down a sizeable 0.9% to 6,099.5 points. Four shares that have fallen more than most today are listed...

Summary Medicinal cannabis manufacturer Cann Group announced capital raising via SPP and Placement with the issue price at a 51.2% discount to 14 July closing price. The Group has not secured funding for construction of Mildura facility...

In late morning trade the S&P/ASX 200 Index (ASX: XJO) has given back its early gains and is heading lower. At the time of writing the benchmark index is down 0.1% to 6,006.1 points. Four shares that have fallen more than most today ar...

The Cann Group Ltd (ASX: CAN) share price has tanked this morning after the cannabis grower announced a $24.3 million capital raising at a steep discount to yesterday’s closing price. Shares were trading down 16% at the open in response to...

One of Australia's leading cannabis companies is issuing new shares at a 51.2 per cent discount to raise $24.3 million for working capital. Cann Group, which was the nation's first to receive medicinal cannabis production and research lic...

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...

Medicinal cannabis cultivator Cann Group was fronting funds on Wednesday morning, with a deal that its biggest shareholder was passing on. 

The Althea Group Holdings Ltd (ASX: AGH) share price is on the rise today. This follows an announcement that company’s subsidiary has entered into a cannabis beverage production agreement. Althea’s subsidiary, Peak Processing Solutions, ha...

ASX cannabis shares have staged a mixed recovery since March. The Althea Group Holdings Ltd (ASX: AGH) and Cann Group Ltd (ASX: CAN) shares have had strong comebacks but the Auscann Group Holdings Ltd (ASX: AC8) price has been softer. Coro...

S&P Dow Jones Indices has announced the quarterly rebalance of the entire S&P/ASX index hierarchy, revealing which companies have been added and removed. This review of the ASX’s major indices – the S&P/ASX 20, 50, 100, 200, 300...

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...