Cann Group losses spiralled to more than A$50 million in FY24 as a $20m asset write down capped a troubling year for the company.

The deficit was almost 52% higher than last year’s $34m and follows a year of upheaval and financial turbulence.

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Steve has reported for a number of consumer and B2B titles over a journalism career spanning more than three decades. He is a regulator contributor to health journal, The Medical Republic, writing on...

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