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Cann Group Secures NAB Loan Extension and Interest Deferral to Ease Financial Pressure

9:00am on Monday 2nd of June, 2025 AEST Healthcare
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Cann Group Secures NAB Loan Extension and Interest Deferral to Ease Financial Pressure

9:00am on Monday 2nd of June, 2025 AEST
Key Points
  • NAB extends Cann Group’s loan maturity from May to September 2025
  • Two quarters of interest payments (~$1.8 million) deferred and capitalised
  • Next construction loan interest payment now due August 2025
  • Cann Group negotiating similar terms with private credit fund lender
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