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Cann Group owes National Australia Bank $61M

Cann Group owes National Australia Bank $61M
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Cann Group owes National Australia Bank $61M
Cannabis News July 28, 2023

National Australia Bank-backed cannabis merchant Cann Group revealed it is running out of cash on Friday as a debt owed to the bank grew $5,3 million to $60,96 million, while its investment in a $115 million Victorian cannabis warehouse facility pressures its solvency. NAB did not respond to a

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