Cann (ASX:CAN) share price slides despite collaboration news

Cann Group Ltd (ASX: CAN) shares opened slightly higher on Monday but have since retreated. This comes after the company announced a partnership with Emyria Ltd (ASX: EMD). At the time of writing, the Cann share price is trading 1.75% lower at 56 cents after having reached as high as 59 cents in earlier trade.

Let’s take a look at what the company announced.

Cann and Emyria partnership 

The Cann share price is failing to ignite today after the company announced a collaboration with Emyria will seek to accelerate the registration of a unique, low-dose, cannabidiol (CBD) only capsule with Australia’s Therapeutic Goods Administration…

Source link

Related Posts