Helius Therapeutics was well capitalised but just couldn’t grow fast enough to support its cost base, chief executive Vicky Taylor has told Cannabiz, as administrators continued an asset sale of the stricken firm.

Helius – one of New Zealand’s largest medicinal cannabis operations and the first local producer to meet the minimum quality standards under the country’s Medicinal Cannabis Scheme – entered voluntary administration on March 11.

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Adam Sheldon

Adam is a digital journalist at Cannabiz. He previously worked at the ABC covering news and current affairs for the public service broadcaster and breaking national news across Australia. He cut his...

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