Connect with us

CSE / TSX

ABCANN GLOBAL CORPORATION (CVE:ABCN) Closes In Red

Published

on

In the last trading session, the stock price of ABCANN GLOBAL CORPORATION (CVE:ABCN) dropped more than 1% to close the week at CAD$0.900. After the recent decline, the market cap of firm stands close to CAD$51 million. The 52-week range of ABCN is 0.01 – 1.50.

ABCANN posted that its common shares are listed on the OTCQB platform under the symbol “ABCCF” and on the Frankfurt platform under the symbol “23Q”. The common shares will remain listed on the TSX Venture Exchange under the symbol “ABCN”.

The buzz

ABcann posted that it can gain from the latest development of being listed on the FSE as well as the OTCQB platform by getting improved visibility and trading convenience of common shares for European and U.S. shareholders, giving a much larger likely investors base and much improved liquidity.

As it is identified, the firm is included in the list of early pioneers to get a manufacturing approval under the ACMPR. It was awarded with the license for production on March 21, 2014 and got a sales license in 2015.

ABcann Global’s leading facility, which is based in Napanee, constitutes crop-growing know-how, covering environmentally-controlled chambers efficient of regulating and checking different variables in the growing course. This approach and systems permits the firm to manufacture naturally cultivated and pesticide-free crops, which can result in best offerings that remains constant from batch-to-batch.

ABcann possesses capability to regulate nutrient and ecofriendly demands, tailored for a specific strain of cannabis, and without the variation that is seen usually when mass production is less controlled, and done in spacious rooms and greenhouse-type places.

It has modular course to systems technology which removes increased risk and enhances quality as well as consistency of product. For now, the firm is in the course of expanding its capacity in its current facility.

Advertisement src="//cdn.bannersnack.com/iframe/embed.js">
Advertisement
Advertisement

Title

INDUSTRIAL HEMP3 months ago

Near-Term Headwinds Hit Scotts Miracle-Gro Co (NYSE:SMG) With A Huge Impact

Bank of America Corp (NYSE:BAC) has disclosed that Scotts Miracle-Gro Co (NYSE:SMG) has lately been experiencing several near term risks....

INDUSTRIAL HEMP3 months ago

Argitek Holdings Inc (OTCMKTS:AGTK) To Focus On Acquisition, Revenues & Profitability In 2018

Argitek Holdings Inc (OTCMKTS:AGTK) recently revealed that in 2018, the company’s main focus will be the acquisition, revenues, and profitability....

INDUSTRIAL HEMP3 months ago

PharmaCyte Biotech Inc (OTCMKTS:PMCB) Completes Pore Size Studies & 29 Tests Useful In Pancreatic Cancer Therapy

PharmaCyte Biotech Inc (OTCMKTS:PMCB) has said that the cells it is planning to use in the clinical trial in patients...

INDUSTRIAL HEMP3 months ago

Puration Inc (OTCMKTS:PURA) To Apply For Canadian Recreational Cannabis Cultivation License; To Give EVERx CBD Sports Water Free Samples

Puration Inc (OTCMKTS:PURA) recently announced that it will be applying for the Canadian recreational cannabis cultivation license. The confirmation came...

INDUSTRIAL HEMP3 months ago

Marijuana Company Of America Inc (OTCMKTS:MCOA)’s JV Completes 10,000 Sq. Ft. Greenhouse Set up; Provides Update on Oregon Project

Marijuana Company Of America Inc (OTCMKTS:MCOA) recently announced that its Joint Venture with Bougainville Ventures Inc. based in Washington has...

INDUSTRIAL HEMP3 months ago

Lifestyle Delivery Systems Inc.(OTCMKTS:LDSYF)’s CSPA Group Inc. Receives 15000 Reveur Units & 300 Liters Distillates’ Purchase Orders In Two Different Deals

Lifestyle Delivery Systems Inc. (OTCMKTS:LDSYF) recently made two big announcements related to the receipt of two open purchase orders to...

INDUSTRIAL HEMP3 months ago

Viaderma Inc (OTCMKTS:VDRM) Provides Update On Its Flagship Product Vitastem; Signs $250,000 Agreement With Vage Nigeria Ltd.

Viaderma Inc (OTCMKTS:VDRM), a publicly traded specialty pharmaceutical company recently announced an update on the sales of its flagship product...

INDUSTRIAL HEMP3 months ago

Plandai Biotechnology Inc (OTCMKTS:PLPL) Phytofare Gaining Traction in International Markets

Plandai Biotechnology Inc (OTCMKTS:PLPL) recently issued an update following the successful launch of its Phytofare® supplement. Plandai Biotechnology is a...

INDUSTRIAL HEMP3 months ago

MassRoots Inc (OTCMKTS:MSRT) Issues 2018 Annual Shareholder Letter

MassRoots Inc (OTCMKTS:MSRT) has issued its 2018 Annual Shareholder Letter highlighting on its recent developments as well as its plans...

INDUSTRIAL HEMP3 months ago

Players Network (OTCMKTS:PNTV) Signs Binding Letter Of Intent To Acquire A 56,000-Square-Foot, Fully Operating Greenhouse Complex

Players Network (OTCMKTS:PNTV), a leading integrated and diversified cannabis holding company has announced that it has signed a binding Letter...

Advertisement
Advertisement
Advertisement