Media Report: Collapsed cannabis firm Greenfern leaves $1.2m debt and smokes $10.5m of shareholder capital

Failed medical marijuana company Greenfern Industries owes creditors $1.2 million and additional claims are expected, according to receivers Waterstone Insolvency’s first report, released today.*

Debt funders Emdex Ltd pushed the company into receivership in February, following confirmation that the previously NZX-traded company could not meet its payment obligations.

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