#Latest news with #WaterstoneInsolvencyNZ Herald26-05-2025BusinessNZ HeraldCollapsed cannabis firm Greenfern leaves $3m debt and smokes $10.5m of shareholder capitalFailed 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
NZ Herald26-05-2025BusinessNZ HeraldCollapsed cannabis firm Greenfern leaves $3m debt and smokes $10.5m of shareholder capitalFailed 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
26-05-2025
