The results of the German election are already having a ripple effect throughout the market, with the shift in attitudes towards cannabis reform making it a far riskier investment.
Ananda Developments Ananda Developments has seen its stock increase over 5% this week after signing a ‘Drug Supply Agreement’ (DSA) with the University of Edinburgh (UOE) and NHS Lothian.
Germany’s highly anticipated CanG bill is now finally set to have its final reading in the Bundestag this week following months of doubt and delays.
Akanda [stock_market_widget type=”chart” template=”basic” color=”#5679FF” assets=”AKAN” range=”1mo” interval=”1d” axes=”true” cursor=”true” range_selector=”true” display_currency_symbol=”true” api=”yf”] Akanda has seen its share price slip by around 10% this week after it announced plans to sell its Portuguese operations for $2m, seeing it offload a key source of revenue.
Germany’s CanG bill has been delayed yet again, just days after reports emerged that the coalition parties and Ministry of Health had come to an agreement on some of its most contentious points.
Ananda Developments [stock_market_widget type=”chart” template=”basic” color=”#5679FF” assets=”ANA.AQ” range=”1mo” interval=”1d” axes=”true” cursor=”true” range_selector=”true” display_currency_symbol=”true” api=”yf”] Aquis Stock Exchange-listed UK cannabis company Ananda Developments announced a number of key developments across both of its wholly owned subsidiaries this week.
IM Cannabis [stock_market_widget type=”chart” template=”basic” color=”#5679FF” assets=”IMCC” range=”1mo” interval=”1d” axes=”true” cursor=”true” range_selector=”true” display_currency_symbol=”true” api=”yf”] International medical cannabis operator IM Cannabis has now received its second warning from NASDAQ regarding its share price, months after pushing through a share price consolidation to remain on the exchange.
Cannovum Cannabis AG has today announced the further expansion of its Anbau-Allianz (Cultivation Alliance) for recreational cannabis, as it prepares itself to capitalise on the recently announced German draft bill.
GERMAN medical cannabis operator Cannovum Cannabis AG announced on Friday that its Cultivation Alliance for Germany (Anbau-Allianz für Deutschland), first announced in February, had now seen its founders sign a contract for its establishment.
