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Avicanna Inc AVCNF


Primary Symbol: T.AVCN

Avicanna Inc. is a Canada-based commercial-stage international biopharmaceutical company. The Company's scientific platform commercializes over thirty products across various market segments: Medical Cannabis & Wellness Products (RHO Phyto), Pharmaceutical Pipeline and Medical Cannabis Care Platform (MyMedi.ca). RHO Phyto formulary offers a diverse range of proprietary formulations, including oral, sublingual, topical and transdermal delivery. It has developed a pipeline of patent-pending drug candidates that are indication specific and in various stages of clinical development and commercialization. These cannabinoid-based drug candidates look to address unmet medical needs in the areas of dermatology, chronic pain and various neurological disorders. Its first pharmaceutical preparation (Trunerox) is in the drug registration stage in South America. MyMedi.ca is a medical cannabis care platform that serves medical cannabis patients’ needs and enhances the patient's journey.


TSX:AVCN - Post by User

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Post by Hopeful123on Dec 06, 2021 10:41am
93 Views
Post# 34202031

Stock is down

Stock is down Guess a financing coming again. We need revenues and it seems a major stumbling block to get stock price higher. Guess the street has lost confidence in the stock given the recent departures. I believe in time maybe by next fall we could be over a buck..For now it seems like a range trade between 65 to high 80's. It is a good opportunity for traders and I am looking to trade it..Just tired of watching it go down..I am only long 50k shares at the moment..The CEO and scientist are working hard but loyalty and willingness to stay on and watch the results will be key for executives of the company..Time will tell on Setu's departure..He seemed unfit for the role I imagined or just lost faith..looking to sell some more closer to a buck...any takers.
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