TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Cann Group ( (AU:CAN) ) has shared an update.
Cann Group Limited has announced the quotation of 11,546,780 fully paid ordinary securities on the Australian Securities Exchange (ASX) as of September 25, 2025. This move is part of the company’s strategy to enhance its capital structure and potentially increase its market presence, which could have implications for its operations and stakeholders by providing additional resources for growth and development.
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 engaged in the development and supply of cannabis-based therapies and aims to serve the growing demand in the medical cannabis market.
Average Trading Volume: 1,406,994
Technical Sentiment Signal: Sell
Current Market Cap: A$7.3M
Learn more about CAN stock on TipRanks’ Stock Analysis page.