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Cann Group (ASX:CAN) Buildings And Improvements : A$0.00 Mil (As of Dec. 2023)


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What is Cann Group Buildings And Improvements?


Cann Group Buildings And Improvements Historical Data

The historical data trend for Cann Group's Buildings And Improvements can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Cann Group Buildings And Improvements Chart

Cann Group Annual Data
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Buildings And Improvements
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Cann Group Semi-Annual Data
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Cann Group Buildings And Improvements Calculation

Buildings are typically valued at the time of acquisition or construction.  Broker and architect fees, permits, etc. can be covered within this category.  Building components, such as a roof, are normally recorded separately in an asset register since the value and useful lives of these components equal much less than the building itself.

Building improvements that extend the useful life of a building will fall into the category of “building improvements” and should be capitalized.  Improvements are commonly recorded at acquisition cost.  Building improvement examples include roofing, remodeling, replacements, etc.


Cann Group (ASX:CAN) Business Description

Traded in Other Exchanges
Address
262-276 Lorimer Street, Port Melbourne, VIC, AUS, 3207
Cann Group Ltd is engaged in the cultivation of medicinal cannabis for both medicinal and research purposes pursuant to the licenses and permits issued to the company; the development and manufacture (via third party arrangements) of finished product formulations; and the pursuit and execution of various supply and offtake agreements with third parties.