middle.news
How Cann Group Slashed $70m Debt to $15m and Plans a $17m Revenue Leap
11:51am on Monday 27th of October, 2025 AEDT
•
Healthcare
Read Story
How Cann Group Slashed $70m Debt to $15m and Plans a $17m Revenue Leap
11:51am on Monday 27th of October, 2025 AEDT
Key Points
Debt forgiveness of $54.7 million, settling $70 million for $15.3 million
Extension and increase of subordinated loan to $14.5 million with a two-year maturity extension
Institutional placement and share purchase plan raising $9 million before costs
FY26 revenue guidance of $17 million, a 50% increase over FY25
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
CANN (ASX:CAN)
OPEN ARTICLE