Business
Cann (ASX:CAN) share price continues to rise despite product recall
The Cann Group Ltd (ASX: CAN) share price is holding its ground today despite announcing a product recall from one of its customers.
During late afternoon trade, the cannabis company’s shares are fetching for 48.5 cents, up 1%. At one point, Cann shares reached an intraday high of 51 cents, before heading lower.
What happened?
Investors appear unfazed by the company’s latest announcement, keeping Cann shares in the green today.
Cann advised that one of its customers has commenced a class III recall for its 50ml medicinal cannabis oil products.
According to the Australian Therapeutic Goods Administration, a class III product…
-
General24 hours agoStewards placed hundreds of bets on Tasmanian races, integrity investigation finds
-
Noosa News19 hours agoNRL finals live updates: Melbourne Storm vs Canterbury Bulldogs — blog, scores and stats
-
Noosa News20 hours agoStolen hearse crashes into two cars in peak-hour collision at Parkwood on the Gold Coast
-
General18 hours agoPrince Harry arrives in Kyiv to meet with wounded Ukrainian war veterans