CAN cann group limited
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Burning through cash rapidly. How are these guys ever going to...

  1. Investor1346
    329 Posts.
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    09/05/25
    17:49
    Post #: 78987051
    Burning through cash rapidly. How are these guys ever going to make a profit. Just thought I'd take a look at their quarterly and wow, 7.2 million accumulated losses YTD.

    2.5 million in staff costs and only 3 million in revenue. I've been looking at all the cannabis stocks on the ASX, and fundamentally this one looks to be in a bad spot unfortunately.
    Last edited by Investor1346: 09/05/25
    CAN Price at posting: 1.6¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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