Cann Group is looking to raise A$6.25 million to fund increased dried flower production and drive expansion of its in-house Botanitech products.
Chairman Julian Chick said the decision to return to shareholders for more funds was “not taken lightly” and was driven by a “significant business development potential… and the desire to continue to scale the Mildura facility”.
The firm flagged the possibility of a capital raise at the end of July.
Continue reading...
Last edited by a moderator:
