Cannasouth says it has big sales ahead as it asks for more cash
The $5.6m equity raise comes less than two weeks after the company announced a $5m convertible note offer to fund its working capital needs.
Growing medicinal cannabis.
NZX-listed medicinal cannabis firm Cannasouth has told investors it expects to be cash positive by as early as late 2024, while tapping them for more capital.
It comes 10 days after the company announced a $5 million convertible note offer , exclusive to wholesale investors.
In a market update, the
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