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Cann Group CEO Pilcher Resigns After Major Debt Reduction
9:48am on Tuesday 5th of May, 2026 AEST
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Healthcare
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Cann Group CEO Pilcher Resigns After Major Debt Reduction
9:48am on Tuesday 5th of May, 2026 AEST
Key Points
CEO Pilcher resigns after cutting debt from $70M to under $15M
Operational costs and EBITDA losses trimmed by over 60%
Production optimized to 7-8 tonnes trimmed dried flower annually
Chairman Mike Ryan appointed Interim Executive Chairman for six months
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