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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

Comment by Dagreedyanalyston Feb 04, 2022 3:57pm
112 Views
Post# 34399335

RE:RE:RE:A new era has begun

RE:RE:RE:A new era has begunGood volume past 3 days avg of 150k across all exchanges, somone smart taking a position and great deal. 

The seller had 2.6 million shares. 70% free trading meaning a total 1.8 million. Total shares traded acorss all exchanges is 1.7 million during 2022 across all exchanges, since he resigned.

Given that the lowest financing is 85 cents itsvery unlikley others would sell at 45 cents unless its free (founder) shares so I assume 90% was him. This means he has 2-300k left. At this week's volume thats a week or two max..then were away with him and his pressure is my guess. Its sad he would create such pressure and all time lows for a company he theoretically helped build and punish his former colleagues or investors that paid his salary for 5 years.....the company is at all time highs on fundemenrals and all time low stock wont last 
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