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How Will Cann Group’s $750k Convertible Note Shape Its Future?

9:40am on Monday 16th of March, 2026 AEDT Healthcare
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How Will Cann Group’s $750k Convertible Note Shape Its Future?

9:40am on Monday 16th of March, 2026 AEDT
Key Points
  • Raised $750,000 via convertible securities agreement with Obsidian Global
  • Convertible note matures in 18 months with variable conversion pricing
  • Potential issuance of 25 million options subject to shareholder approval
  • Maximum share issuance capped at 195 million without further shareholder consent
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