Cannasouth posts $3.5m loss as cash burn increases
The listed medical cannabis company hopes to bring products to market in the current half.
NZX-listed Cannasouth has reported an unaudited full-year loss of $3.5 million as it invests to try establish itself in the New Zealand medical cannabis market.
The $3.5m loss for the year to December 31 is up 59% on the 2019 loss of $2.2m. Revenue of $131,140, was up 146% due to a full year of
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