Despite the management of CAN being absolutely dismal, CAN will probably get some buying next week, going by the past its always been overseas news that has lead to the biggest moves on CAN (From Democrats win to WHO rescheduling cannabis) . And it was a great week for cannabis stocks overseas, all cannabis ETFs had a nice bounce (check out the charts below), the buying is coming from news of a possible bill drafted by South Carolina House Rep. Nancy Mace to deschedule and regulate cannabis, “could be a game changer for the cannabis industry.”
The removal of cannabis from Schedule I of the Controlled Substances Act would make it legal in the U.S.
The percentages outlined on the right are just from last nights moves on cannabis ETFs , so should be follow through to Australia next week as there was in the past with these big moves. Despite the bickering here most of us are bullish cannabis and are wanting the industry to boom, so lets hope we sare going to see some more money flowing through to the cannabis sector over the coming months.
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Last
4.0¢ |
Change
-0.005(11.1%) |
Mkt cap ! $18.68M |
Open | High | Low | Value | Volume |
4.5¢ | 4.6¢ | 4.0¢ | $130.7K | 2.958M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 339318 | 4.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.4¢ | 153834 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 139318 | 0.040 |
2 | 50794 | 0.039 |
5 | 376619 | 0.038 |
3 | 220270 | 0.037 |
2 | 460000 | 0.036 |
Price($) | Vol. | No. |
---|---|---|
0.044 | 153834 | 1 |
0.046 | 185131 | 2 |
0.047 | 319998 | 3 |
0.048 | 225408 | 3 |
0.049 | 960300 | 3 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
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