Inactive Instrument

Cann Global Australian S.E.

Equities

CGB

AU0000038085

Cann Global Limited Reports Earnings Results for the Full Year Ended June 30, 2022

September 31, 2022 at 06:07 pm EDT

Cann Global Limited reported earnings results for the full year ended June 30, 2022. For the full year, the company reported sales was AUD 0.562338 million compared to AUD 1.49 million a year ago. Net loss was AUD 8.22 million compared to AUD 4.62 million a year ago.

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Company Profile

Cann Global Limited is a health and wellness company. The principal activities of the Company and its subsidiaries are developing, growing, cultivating and producing hemp and medicinal cannabis products, and natural food products in the health and wellness industry. Its segments include hemp and medical cannabis products, mining exploration and evaluation and corporate. Its portfolio includes Cosmeceutical, Health Foods, and Cannabinoid Medicine. The Cosmeceutical range includes the brand Fuss Pot, which is a hemp-powered skincare brand. Its Grass Roots brand delivers a range of nutritious health-focused products that anyone can add to everyday meals and snacks. Its Grass Roots range includes nutritionist-endorsed solutions for everyday life. Its Instacann brand combines natural cannabis extracts with pharmaceutical formulations. Instacann's tablets offer an alternative to other medicinal cannabis formats, through the use of a self-micro emulsifying drug delivery system (SMEDDS).

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