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Cannasouth in voluntary administration, trading suspended

NZX-listed medicinal cannabis firm had earlier this week gone into trading halt amid a shareholder funding dispute.

NBR Staff Fri, 29 Mar 2024

NZX-listed medicinal cannabis firm Cannasouth has gone into voluntary administration after it was unable to resolve a dispute with senior note holders that threatened an urgently needed capital raise.

As a result, trading of its shares on the NZX has been suspended. The company's chief financial

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NBR Staff Fri, 29 Mar 2024
Contact the Writer: editor@nbr.co.nz
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Cannasouth in voluntary administration, trading suspended
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