Bob LeFridge on Nostr: In NZ cannabis news, Cannasouth has gone into voluntary administration. While it ...

In NZ cannabis news, Cannasouth has gone into voluntary administration. While it turned over almost $1m last year, it made a loss of $8.8m for the year ended December.

The inability to sell locally has wiped out more than a few dreams in the local medical cannabis industry.

https://www.rnz.co.nz/news/business/512944/medical-cannabis-company-in-voluntary-administration-after-failing-to-raise-investor-funds

#NZ #Cannabis