26-05-2025
Collapsed cannabis firm Greenfern leaves $3m debt and smokes $10.5m of shareholder capital
Failed medical marijuana company Greenfern Industries owes creditors $3 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.
At the
