Cann Group Secures A$50 Million Loan for Facility Completion

New Cannabis Ventures
By Alan Brochstein, CFANov 23, 2020, 6:32 am202 pts
Cann Group Limited (ASX: CANN) (OTC: CNGGF) announced today that has lined up a A$50 million secured debt facility from National Australia Bank (NAB). The funds will allow the company to complete the construction of the A$112 million first stage of its project near Mildura, which will enable it to to produce…

Read Article Share
Share Article
- email
- twitter
- facebook
- pocket
- reddit
- tumblr
- linkedin
- pinterest

Trending Today on NewsBudz

Delaware Governor Weighs ‘Competing Priorities’ As Marijuana Zoning Bill Sits On His Desk 73

Cannabis Investors and How to Deal 72

Congressional Committee Moves To Block Marijuana Rescheduling 67

Massachusetts’s Social Equity Cannabis Program Is Back On Track After A Year On Pause 65

Worker Killed, Hundreds Arrested During ICE Raids on California Cannabis Farms 65

Federal Cannabis Reform Deserves Better Than Political Theater (Op-Ed) 65

A Letter from Everest Dispensary in Atlantic City 65

Aurora Cannabis receives EU-GMP certification for its Ontario distribution centre 65

About NewsBudz

NewsBudz is your go-to app for daily cannabis news, covering everything from medical marijuana breakthroughs to recreational cannabis trends and legalization updates.

Our platform aggregates content from over 30 top-tier cannabis news outlets to deliver a curated stream of the latest headlines, insights, and developments across the marijuana and hemp industries.

Whether you're interested in policy reform, health research, cannabis business, CBD, delta 9 products or lifestyle stories, NewsBudz keeps you informed and connected. Accessible on the web and mobile, NewsBudz makes it easy to explore, read, and share cannabis news anytime, anywhere.