** Shares of Cann Group CAN.AX fall 22.2% to A$0.021
** Stock fell as much as 29.6% to a record low of A$0.019 earlier
** Cannabis products supplier to raise A$712,000 ($426,844.00) via a private placement at 1.7 Australian cents per share
** Issue price represents a 37% discount to stock's last close
** Stock down 43.6% this year, including the day's move
($1 = 1.6681 Australian dollars)
(Reporting by Shivangi Lahiri in Bengaluru)
((shivangi.lahiri@thomsonreuters.com;))
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