Canadian CANNAINVESTOR Magazine May 2017 - Page 209


Share Price

Since listing on 7 February 2017 with an offer price of A$0.20 per share, AusCann's share price has climbed to A$0.65 a share (as at 10 May 2017), delivering a 225% increase in just over 3 months. Today, the Company has a market capitalisation of A$140m.

It's largest shareholder, with 10.7% of the Company, is Canopy Growth Corporation. Canopy Growth Corporation is one of North America's largest medicinal cannabis companies and is strategically partnered with AusCann to capitalise on the Australian market.

Share Price Graph Since Listing