Cannasouth short of desired capital raise target
Including oversubscriptions, the company has raised almost $3.2m of the original $4.1m sought.
Cannasouth believes there is strong support for the company’s future.
Cannasouth has raised almost $3.2 million through its rights offer and bookbuild from shareholders.
The NZX-listed medical cannabis company launched the capital raise, structured as a one-for-10 pro-rata renounceable rights issue, at 30c per share.
Its rights issue closed earlier this month, with
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