alot of those companys dont have the big $$ n capital to produce...

First 30 Last

Share
Profile

Follow
orlando G

1,201 Posts.

12

25/11/19

19:24

Post #: 41622549
Share

Originally posted by JonP01: ↑

But Government is partly to blame here too even on the medicinal side of things - the "regulatory risk" they always talk about in a typical unsophisticated investor PDS. Seems that any man, woman and dog and get a licence from the Government to make this medicinal stuff. When I invested I thought "wow, CAN got a Government licence - they are obviously on their game to manage that". But take a look at the link below. Almost like the White Pages. This list came out two weeks after I invested in CAN Group. Had I seen this list, the money would have been used to top up my Sonic Health shares instead. But I blame myself - the list was current before I invested.

Now I hasten to add that I know little about any of these companies and they all could be exceptionally competent at what they do. But this is clearly an oversupply situation the Government has been complicit in creating. you'd think from this list that Aussies were going to take to medicinal cannabis like they buy paracetamol from Coles and Woolies.

List of Government Licences

Expand

alot of those companys dont have the big $$ n capital to produce alot . Whose got the big $$ out of All thosr listed to produce anything Significant?? I wonder? Cannn will supply most of Medicinal to this regiion if up n producing en masse. The rest will be sold all around the globe. So so many ppl need medicinal cannabis all over the world or neeed access to it.

CAN Price at posting: 44.5¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

NXM

Drilling at Bethanga shows signs of Cu-Au porphyry system for Nexus

ASX200 dives as inflation clocks in at 4% – higher than 3.8% consensus

NIM

Nimy extends sulphide targets at Mons with new anomalies identified

SS1

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

SFX

Sheffield Resources achieves milestone production, shipments at Thunderbird, WA

There are more pages in this discussion • 70 more messages in this thread...

First 30 Last

Add CAN (ASX) to my watchlist

(20min delay)
Last 2.8¢		Change -0.004(12.5%)		Mkt cap ! $12.47M

Open	High	Low	Value	Volume
3.2¢	3.2¢	2.8¢	$98.90K	3.238M

Buyers (Bids)

No.	Vol.	Price($)
4	181700	2.8¢

Sellers (Offers)

Price($)	Vol.	No.
3.0¢	98853	3

View Market Depth

No.	Vol.	Price($)
4	181700	0.028
2	128000	0.027
3	188499	0.026
10	855000	0.025
1	125041	0.024

Price($)	Vol.	No.
0.030	98853	3
0.032	125850	8
0.033	384413	4
0.034	230500	3
0.035	24857	4

Last trade - 16.10pm 27/06/2024 (20 minute delay)

CAN (ASX) Chart

alot of those companys dont have the big $$ n capital to produce...

Drilling at Bethanga shows signs of Cu-Au porphyry system for Nexus

ASX200 dives as inflation clocks in at 4% – higher than 3.8% consensus

Nimy extends sulphide targets at Mons with new anomalies identified

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

Sheffield Resources achieves milestone production, shipments at Thunderbird, WA

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

alot of those companys dont have the big $$ n capital to produce...

Top Stories

Drilling at Bethanga shows signs of Cu-Au porphyry system for Nexus

ASX200 dives as inflation clocks in at 4% – higher than 3.8% consensus

Nimy extends sulphide targets at Mons with new anomalies identified

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

Sheffield Resources achieves milestone production, shipments at Thunderbird, WA

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News