Cann Group saw revenues slide 72% to $647,222 in the 2020 financial year while losses deepened to almost $17m, 55% greater than 2019.

The company has invested heavily in its Mildura production facility, with costs running at around $50m so far. It predicts revenue will grow to around $15m in FY21.

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Prior to launching Cannabiz, Martin was co-founder and CEO of Asia-Pac’s leading B2B media and marketing information brand Mumbrella, overseeing its sale to Diversified Communications in 2017. A journalist...

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