WA firm Cannaponics’ capital raise via crowdfunding platform Birchal has hit its maximum target of A$5 million from 2,771 investors.

The Collie-based company raised more $3m in the first 24 hours of the campaign, which it launched to top up its finances and complete construction of its facilities in WA.

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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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