I think CANN has been way oversold
with Car manufacturing gone from Australia it would be a real concern if CANN were to fail especially considering Australia's traditional strength in Ag businesses and Cann would seem the most viable of the Aussie pot stocks
medical prescribing is slowly starting to loosen up in Oz and my doctor for one is widely signing his patients up where appropriate... as an alternative to things like Oxycodone and NSAID as time goes on I expect access to be easier and patient numbers to rise . many of these will be long term users ..
cost to the patient is an issue , I think around $200 a month average , which compared to street sources is relatively high , the legal market for cannabis is still 'sorting itself out price wise .. I think there would have to be cheaper options in the range... not sure if health funds are reimbursing ?
I think governments in Australia should really be watching Cann closely as Cannabis is potentially a billion $ export and local industry with high margin ...... which we desperately need .. the product is inexhaustible unlike say mines and relatively green , no pun intended
so there you have it , I've sung you my song , it was no great revelation , but least it wasn't too long
- Forums
- ASX - By Stock
- CAN is the Only future aus viable Big producer on the asx out of any1 really and will be Supported
I think CANN has been way oversold with Car manufacturing gone...
-
- There are more pages in this discussion • 70 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CAN (ASX) to my watchlist
(20min delay)
|
|||||
Last
3.8¢ |
Change
-0.001(2.56%) |
Mkt cap ! $17.80M |
Open | High | Low | Value | Volume |
3.9¢ | 3.9¢ | 3.7¢ | $7.182K | 190.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 938658 | 3.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.9¢ | 12165 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 938658 | 0.037 |
2 | 47501 | 0.036 |
5 | 4069371 | 0.035 |
3 | 63071 | 0.034 |
4 | 430000 | 0.033 |
Price($) | Vol. | No. |
---|---|---|
0.040 | 190977 | 2 |
0.041 | 90000 | 1 |
0.042 | 310000 | 2 |
0.044 | 300000 | 1 |
0.045 | 11420 | 3 |
Last trade - 15.13pm 13/09/2024 (20 minute delay) ? |
Featured News
CAN (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online