German CBD company CannaCare has been ordered to pay Elixinol Wellness more than A$800,000 following the mutual termination of a proposed acquisition in 2021.

An arbitration panel ruled in favour of the Australian firm after CannaCare challenged an apparent contractual requirement to reimburse €360,000 to Elixinol.

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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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