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How Cann Group’s $15.3M NAB Settlement Unlocks New Growth Capital
8:35am on Tuesday 11th of November, 2025 AEDT
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Healthcare
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How Cann Group’s $15.3M NAB Settlement Unlocks New Growth Capital
8:35am on Tuesday 11th of November, 2025 AEDT
Key Points
Settlement deed executed with NAB to release all security and close loans
Payment of $15.3 million completes NAB debt settlement
New $9 million loan and extension of $5.45 million loan secured from private credit fund
Capital raise includes $6.5 million institutional placement and $2.5 million share purchase plan (SPP)
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