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Avicanna Inc T.AVCN

Alternate Symbol(s):  AVCNF

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 formulary (RHO Phyto), Medical cannabis care platform (MyMedi.ca), Pharmaceutical pipeline, and Active pharmaceutical ingredients (Aureus Santa Marta). RHO Phyto formulary offers a diverse range of proprietary products, including oral, sublingual, topical, and transdermal deliveries with varying ratios of cannabinoids. MyMedi.ca is a medical cannabis care platform and features a diverse portfolio of products and bilingual pharmacist-led patient support programs. Aureus Santa Mart is a commercial-stage business providing a various forms CBD, THC and CBG to the Company's international partners for use in the development and production of food, cosmetics, medical, and pharmaceutical products.


TSX:AVCN - Post by User

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Post by Hopeful123on Dec 06, 2021 10:41am
116 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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