Cann Global Ltd. submits the following Activities report and Quarterly Cash Flow Statement for the quarter ending 30 June 2020 . Key highlights: Cann Global continued to drive sales throughout the quarter resulting in cash receipts from customers of $333k up 54.6% on the prior corresponding period, but lower than the prior quarter due to shipping [...]
Cann Global Ltd. is pleased to confirm that the 1 for 4 renounceable entitlement offer announced on 3 July 2020 , closed on Thursday 23 July 2020. Under the Entitlement Offer, 847.5 million fully paid ordinary shares were offered to Eligible Shareholders at an issue price of $0.005. All New Shares to be issued under the Entitlement Offer will rank [...]
Cann Global Ltd. today confirms that its Directors and largest shareholders intend to participate in the rights issues announced on 3 July 2020. The announcement included a 1 for 4 pro-rata non-renounceable Entitlement Offer for eligible shareholders of fully paid ordinary shares on the basis of 1 New Share for every 4 existing shares held at the [...]
On the 26th of February 2018, Cann Global Ltd.'s medical Cannabis research division, Medical Cannabis Research Group Pty Ltd entered into a research agreement with Professor David Meiri and his team at the Technion, Israel's renowned university, to research the possibility of the use of cannabis in the treatment of autoimmune disease, specifically [...]
The Board of Cann Global Ltd. wishes to update our shareholders on the operations of its 55% owned subsidiary Cann Global Asia Pty Ltd, and its activities in Laos PDR. As previously advised in our last quarterly report, as part of the subcontracting agreement with SUN, CGA's cultivation team was due to arrive in Laos on 1st April 2020 to work on [...]
On 30 April 2020, Cann Global Ltd. lodged the Company's quarterly activities and cashflow reports for the period ended 31 March 2020. The reports included an ASX Appendix 4C in a format which has been superseded by a new version mandated by ASX for use in quarters from 31 March 2020 onwards. Please now find attached replacement reports utilising [...]
In October 2019, Austrade published a report on Australia's food innovators which Cann Global Ltd. , through its subsidiaries T12 and HHC, is very excited to be a part of. "Renowned for clean, green and safe food production, Australia provides a strong foundation for developing ground-breaking products and technologies. Strong expertise has been [...]
Cann Global Ltd. is pleased to advise that the Company has entered into agreements for the refinancing of the convertible notes currently on issue through an assignment and variation arrangement between the Company, L1 Capital Global Opportunities Master Fund and Obsidian Global GP, LLC , whereby Obsidian has agreed to buy out the convertible notes [...]
The Directors present their report together with the financial statements, on the consolidated entity , consisting of Cann Global Ltd. and the entities it controlled at the end of or during the half-year ended 31 December 2019. "Dear Shareholders, On behalf of the Board of Cann Global Ltd. , I would like to take this opportunity, to first, thank [...]
Cann Global Ltd. is pleased to advise that the Company has agreed to place 34 million new fully paid ordinary shares to institutional and sophisticated investors led by New York-based Sea Otter Global . Placement proceeds of $418,880 will be applied towards furtherance of CGB's projects and working capital. An ASX Appendix 3B has been lodged [...]
Cann Global Ltd. was pleased to announce a distribution agreement with Costco Australia for our premium quality certified organic hemp seed oil capsules in September. The manufacturing, packaging and supply of the first order of capsules being completed by end of November. A second order for two new SKU's and a further order for capsules was [...]
The Board of Cann Global Ltd. is pleased to provide an update on its recent exclusive distributorship supply contract deal signed with EPCO Foods Co. Ltd in Ho Chi Minh City, Vietnam and its supply of T12 products to COSTCO Australia. COSTCO AUSTRALIA T12 have received an additional distribution request and a PO from Costco's head office in Sydney [...]
