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Cannasouth asset sale insufficient to repay secured noteholders

Liquidators of another part of the group are disputing asset sales and related party loans.

The receiver of delisted Cannasouth says the sale of its investment subsidiaries Cannasouth Cultivation and Eqalis Group was insufficient to repay all secured debt to noteholders.

The subsidiaries were sold to newly set up Marshall Road Holdings for $4.7 million, but the deal was paid for by

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Fiona Rotherham Thu, 05 Feb 2026
Contact the Writer: fiona@nbr.co.nz
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Cannasouth asset sale insufficient to repay secured noteholders
General Business,
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