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Cann Group Cuts Debt by 81%, Eyes Positive EBITDA in FY26 with $9M Capital Raise
12:01pm on Monday 27th of October, 2025 AEDT
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Healthcare
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Cann Group Cuts Debt by 81%, Eyes Positive EBITDA in FY26 with $9M Capital Raise
12:01pm on Monday 27th of October, 2025 AEDT
Key Points
Capital raise of approximately AUD 9 million via placement and SPP
Core debt slashed by 81% from AUD 75.4 million to AUD 14.5 million
FY25 Botanitech branded flower sales doubled to AUD 4.4 million
Operating expenses reduced by 35%, normalized EBITDA loss improved by 44%
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