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

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/companies/healthcare/collapsed-cannabis-firm-greenfern-leaves-3m-debt-and-smokes-105m-of-shareholder-capital/TNSJHB4EFBFRBJHS6DI2JQX4KY/