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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 Hopeful123on Aug 29, 2024 1:17pm
56 Views
Post# 36201529

RE:In the video..

RE:In the video..So we issued stock in this new raise at 30 cts which is 10 cts lower than last raise for working capital and debt repayment..We should be cash flow positive now and if we are in a better position why issue stock at 10 cts lower...not good for shareholders...also why debt payments, we sb debt free since last qtr..  very mixed message here on this raise and debt.
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