middle.news
Cann Group Surpasses Production Goals While Slashing Costs and Securing $1.5M Funding
1:17am on Monday 2nd of June, 2025 AEST
•
Healthcare
Read Story
Cann Group Surpasses Production Goals While Slashing Costs and Securing $1.5M Funding
1:17am on Monday 2nd of June, 2025 AEST
Key Points
Medicinal cannabis production exceeds 700 KGs/month, annualized at 8.8 metric tonnes
Operating costs reduced by 38% year-over-year to under $12 million annually
Chemist Warehouse outlets expanded from 11 to 13 with new distributor talks underway
Secured $1.5 million in financing through convertible notes and equity raises
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
CANN (ASX:CAN)
OPEN ARTICLE