Cannasouth Limited (NZX:CBD) has announced a 1 for 10 pro-rata renounceable rights issue to raise up to circa $4.1 million ("Rights Offer”).

The Rights to acquire new shares in the company will be quoted on the NZX Main Board from today under ticker code “CBDRA”, with the Rights Issue Offer Document and Letter of Entitlement and Acceptance Form to be sent to eligible shareholders on Tuesday, 23 August 2022.

For more information visit www.cannasouth.co.nz or contact Mark Lucas (CEO/Executive Director) or Colin Foster (CFO/Company Secretary).

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