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Cann Group Issues New Unquoted Equity Securities

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Cann Group Issues New Unquoted Equity Securities

Elevate Your Investing Strategy:

Cann Group ( (AU:CAN) ) has provided an announcement.

Cann Group Limited has announced the issuance of 1,746,147 unquoted equity securities in the form of options set to expire on June 2, 2027, with an exercise price of $0.0573. This issuance is part of a previously announced transaction and is not intended to be quoted on the ASX, potentially impacting the company’s financial strategy and stakeholder interests by expanding its equity base.

More about Cann Group

Cann Group Limited operates in the pharmaceutical industry, focusing on the cultivation and production of medicinal cannabis products. The company is dedicated to advancing the therapeutic benefits of cannabis and aims to supply high-quality cannabis-based products to both domestic and international markets.

YTD Price Performance: -64.10%

Average Trading Volume: 1,808,975

Technical Sentiment Signal: Sell

Current Market Cap: A$8.71M

See more data about CAN stock on TipRanks’ Stock Analysis page.

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