After going to almost $6 a share, it is going for almost a tenth of this price today. We look at what has happened to the Elixinol share price and the company’s restructure.
It’s been a tough year for ASX cannabis stocks with many companies shedding value over a 12-month window. Only Althea has emerged from the last year with a gain to show for it. It’s worth taking a look at the ETFMG Alternative Harvest ETF chart to see what’s happening to cannabis stocks globally....
The value of Auscann's share price has been steadily declining of the last six months. having slipped by 4.24%, to 79 cents yesterday,but recovered slightly higher to 82 cents at today today's open.
The cannabis story is only just beginning to unfold. And it’s unfolding well for Auscann Group Holdings which is up 9.28% at time of writing today. It currently sits at $1.59, after reaching a high of $1.66 earlier this morning.