Cann Group has told the ASX it has been unable to recover funds following a cyber fraud in which payments worth $3.6 million meant for a Dutch contractor vanished into an unknown third-party account.
Cann and its overseas contractor are continuing to investigate the incident along with Victoria Police’s E-Crime Squad, which is pursuing domestic and international investigations.
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[Edited under our comment moderation policy] This is why big pharma-like companies shouldn’t run cannabis in Australia… it’s 2021, can we just get with the times? If big canna groups wanna screw the few over so be it. But for the rest of Australians, can we have our oil for under 30 bucks maybe?