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Cann Group Secures $2.5M to Accelerate Debt Repayment and Growth
9:54am on Thursday 20th of November, 2025 AEDT
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Healthcare
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Cann Group Secures $2.5M to Accelerate Debt Repayment and Growth
9:54am on Thursday 20th of November, 2025 AEDT
Key Points
Raised $2.5 million via Share Purchase Plan and shortfall placement
Total capital raised reaches $9 million before costs including prior institutional placement
Funds directed towards repaying National Australia Bank debt obligations
Capital raising reflects strong support from institutional and retail investors
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