MGC Pharmaceuticals has flagged a restructure to shareholders in a bid to secure its future in the face of “dire alternatives”.

Managing director Roby Zomer told investors despite “material operational achievements”, the firm faced a “critical financial juncture” in the wake of underwhelming fundraising efforts and a falling share price.

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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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