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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Investment
10 mins to read

Is Cannasouth close to take off?

After four long, difficult, expensive years since listing on the NZX, Cannasouth reckons it’s reached a turning point.

WATCH: Cannasouth chief executive Mark Lucas speaks with Nicholas Pointon.

Key points
  • Why it matters: Investors are yet again being asked to further support the company, which needs to raise cash for the fifth time in as many years.
  • Background: Cannasouth has yet to generate any meaningful revenue since listing on the stock exchange in 2019.
  • Main players: Cannasouth, Mark Lucas, Greg Misson, Eqalis.

Cannasouth came to NBR with a somewhat unusual invitation last month.  

The NZX-listed medicinal cannabis company not only wanted to take us on a tour of its state-of-the-art greenhouse and manufacturing facility north of Hamilton, but its executive director, Greg Misson, was willing to fly us down

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Nicholas Pointon Tue, 17 Oct 2023
Contact the Writer: nicholas@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Key points
  • Why it matters: Investors are yet again being asked to further support the company, which needs to raise cash for the fifth time in as many years.
  • Background: Cannasouth has yet to generate any meaningful revenue since listing on the stock exchange in 2019.
  • Main players: Cannasouth, Mark Lucas, Greg Misson, Eqalis.
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Is Cannasouth close to take off?
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true