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Is Cannasouth close to take off?

After four long, difficult, expensive years since listing on the NZX, Cannasouth reckons it’s reached a turning point.

WATCH: Cannasouth chief executive Mark Lucas speaks with Nicholas Pointon.

Key points
  • Why it matters: Investors are yet again being asked to further support the company, which needs to raise cash for the fifth time in as many years.
  • Background: Cannasouth has yet to generate any meaningful revenue since listing on the stock exchange in 2019.
  • Main players: Cannasouth, Mark Lucas, Greg Misson, Eqalis.

Cannasouth came to NBR with a somewhat unusual invitation last month.  

The NZX-listed medicinal cannabis company not only wanted to take us on a tour of its state-of-the-art greenhouse and manufacturing facility north of Hamilton, but its executive director, Greg Misson, was willing to fly us down

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Contact the Writer: nicholas@nbr.co.nz
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Key points
  • Why it matters: Investors are yet again being asked to further support the company, which needs to raise cash for the fifth time in as many years.
  • Background: Cannasouth has yet to generate any meaningful revenue since listing on the stock exchange in 2019.
  • Main players: Cannasouth, Mark Lucas, Greg Misson, Eqalis.
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Is Cannasouth close to take off?
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