Cann Group considers capital raise and Mildura sale and leaseback as financial juggling act goes on

Cann Group is considering a sale and leaseback of its Mildura facility and may seek additional funding from existing shareholders as it continues to juggle its finances in the face of more questions from the Australian Securities Exchange.

The cash-generating measures were outlined in its quarterly financial report as Cann reported unaudited revenue of A$15.4 million in the 12 months to June, an increase of 12% on the previous year.