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2.63%

3.7¢ cann group limited

Mildura site is a busy place, page-87

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abediamond

1,003 Posts.

173

19/05/21

15:11

Post #: 53279625
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Originally posted by amb005: ↑

Because if you go by history, most of thebig movements with cannabis stocks on the asx is when the big money flows into the sector (meaning all cannabis stocks) is when overseas cannabis ETFs do well, so when the sector is hot overseas australia follows.

There is going to be a huge catalyst for overseas cannabis stocks when the senate passes the MORE act (federal legalistation of cannabis in US - which can pass now as democrats are in charge of senate and support this) sometime in the next 3 years, but hopefully sooner rather than later.

So there will be a pop in all cannabis stocks at that time, with CAN being well known itll be a good pump when it does happen, and Ill be using that pump to sell on a lot of cannabis names on the ASX and just keep the quality ones.

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I was thinking about getting into ECS today, but then I read that holders are regretting buying into it, so I decided against it. Heres a quote from an ECS holder when the price was at 4.1c - I can only imagine the regret they are feeling now:

"I dont mean to come of harsh here please dont take it personally, just fed up with ECS and my own decision making to get in big into this stock, a lot of regret and lessons learnt."

CAN Price at posting: 40.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 3.7¢		Change -0.001(2.63%)		Mkt cap ! $17.27M

Open	High	Low	Value	Volume
3.8¢	3.8¢	3.7¢	$12.38K	333.8K

Buyers (Bids)

No.	Vol.	Price($)
5	122783	3.7¢

Sellers (Offers)

Price($)	Vol.	No.
3.9¢	12211	2

View Market Depth

No.	Vol.	Price($)
5	122783	0.037
2	192592	0.036
6	532456	0.035
2	155200	0.033
1	298000	0.032

Price($)	Vol.	No.
0.039	12211	2
0.040	1458578	4
0.041	1290	1
0.042	385691	2
0.043	20000	1

Last trade - 16.10pm 05/08/2024 (20 minute delay)

CAN (ASX) Chart