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Cann Group ( (AU:CAN) ) has issued an announcement.
Cann Group Limited has announced a new issuance of 28,414,222 ordinary fully paid securities, which will be quoted on the Australian Securities Exchange (ASX) as of September 26, 2025. This move is part of the company’s strategic efforts to enhance its capital structure and support its ongoing operations and growth initiatives in the medicinal cannabis sector.
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 cannabis research and development to provide innovative solutions for medical use.
Average Trading Volume: 1,402,805
Technical Sentiment Signal: Sell
Current Market Cap: A$7.3M
See more insights into CAN stock on TipRanks’ Stock Analysis page.