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Cann Group ( (AU:CAN) ) has provided an update.
Cann Group Limited has requested a trading halt on its securities pending an announcement related to its debt restructuring and capital raising activities. This move is intended to help the company manage its continuous disclosure obligations and is expected to have implications for its financial strategy and market positioning.
More about Cann Group
Cann Group Limited is an Australian company operating in the cannabis industry, focusing on the cultivation and production of medicinal cannabis products. The company is involved in the development and commercialization of cannabis-based therapies and is listed on the Australian Securities Exchange (ASX) under the ticker CAN.
YTD Price Performance: -64.10%
Average Trading Volume: 2,373,353
Technical Sentiment Signal: Sell
Current Market Cap: A$9.85M
See more data about CAN stock on TipRanks’ Stock Analysis page.