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Hot Topic Budget 25
Investment
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Clear path: Greenfern launches $1.2m wholesale offer

The company needs to raise capital to remain a going concern.

Greenfern managing director Dan Casey.

Andrew Bevin Wed, 07 Sep 2022

NZX-listed medical cannabis business Greenfern Industries is launching a $1.2 million wholesale offer as part of a plan to raise $5m to fund growth and remain solvent. 

The wholesale offer is for 11.5c a share, a 30% discount to the 30-day value weighted average price and 29% lower than

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Andrew Bevin Wed, 07 Sep 2022
Contact the Writer: andrew@nbr.co.nz
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Clear path: Greenfern launches $1.2m wholesale offer
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