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Cannasouth shareholders back Eqalis merger

Cannasouth says the deal will create New Zealand's leading medicinal cannabis company.

Shareholders in the NZX-listed medicinal cannabis company Cannasouth have voted overwhelmingly in a support of a merger with Bay of Plenty rival, Eqalis.

The final vote following today’s special meeting shows 99.31% shareholders supported the deal, more than satisfying the 75% threshold.

While the

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Nicholas Pointon Fri, 28 Apr 2023
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Cannasouth shareholders back Eqalis merger
Investment,
98811
true