Auscann Group (ASX: AC8) is a medicinal cannabis business. Auscann is spending money to expand the production of cannabis as countries around the world begin to embrace the use of cannabis in medicine. Canada became the second country to legalise recreational cannabis.
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open lower today, the USA’s S&P 500 Index (.INX) fell by 0.26% on Tuesday.
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) rose by 0.58% on Friday.
Has the high ended for companies like Cann Group Ltd (ASX:CAN) and Auscann Group Holdings Ltd (ASX:AC8)?
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX: XAO), is currently up 0.40% at lunch.
The S&P/ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) went up 0.13% on Thursday.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently flat at lunch.
We’ve all heard of the ASX small-cap superstar success stories like Afterpay Touch Group Ltd (ASX:APT).
Both Auscann Group Holdings Ltd (ASX:AC8) and Cann Group Ltd (ASX:CAN) reported their quarterly news this morning.
Here are the headlines from the S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO) and Australian finance circles on Monday morning, with Ramsay Health Care Limited (ASX:RHC) European expansion in focus.