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Media Report: Collapsed cannabis firm Greenfern leaves $1.2m debt and smokes $10.5m of shareholder capital - Cannabis News World

Summary by Cannabis News World
Failed medical marijuana company Greenfern Industries owes creditors $1.2 million and additional claims are expected, according to receivers Waterstone Insolvency’s first report, released today.* Debt funders Emdex Ltd pushed the company into receivership in February, following confirmation that the previously NZX-traded company could not meet its payment obligations. At the Read full report (paywall) https://www.nzherald.co.nz/business/companie…
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Cannabis News World broke the news in on Thursday, May 29, 2025.
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