Southern Medicinal has converted the old Mataura paper mill into a medicinal cannabis and hemp growing, testing and processing facility. Photo: Supplied / Southern Medicinal Medicinal cannabis company Helius Therapeutics has been placed in voluntary administration, citing a tough commercial and regulatory environment. The Auckland-based company was founded in 2018, and was one of the…
Doors of Warrnambool RSL to remain open as it enters voluntary administration The Standard | Warrnambool, VIC Read the original article here
Chief executive Vicky Taylor said the move was deeply disappointing but reflected the challenging conditions facing the sector. “This is an incredibly difficult moment for our team and for the wider medical cannabis industry,” Taylor said. “Helius was founded with a clear purpose – to provide high-quality, clinically trusted cannabis medicines that could genuinely improve…
Hundreds of farmers and food producers across Australia are scrambling to keep their organic standard certification after the collapse of a major organic certifier. South Australian-based NASAA Certified Organic Pty Ltd (NCO) was placed into voluntary administration last week. Products certified by NCO met federal government standards for exporting legitimate organic products, but producers have…
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Aussie Disposals enters administration after 63 years Inside Retail Australia Read the original article here
Guy Haddleton-backed company had been involved in a merger with cannabis clinics run by Elysian Group. Helius’ Auckland GMP-certified manufacturing plant. © All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription. Medicinal cannabis company Helius Therapeutics has been put into voluntary administration. In a statement…
After 156 years it raises the white flag. Hoepli goes into voluntary liquidation. The shareholders’ meeting of the historic Milanese publishing company has decided on the ‘voluntary dissolution of the company and its liquidation’, explaining in a note that the decision comes ‘as the result of a painful and in-depth reflection on the overall situation…
Adam Botterill and Damien Grant of insolvency firm Waterstone were appointed liquidators of Luna Bakehouse Limited on March 9. Companies Office records show the company’s shareholders put it into liquidation. But Inland Revenue had been seeking to liquidate the company after filing a High Court application on February 3. The application was set to be…
EcoJet Airlines, a Scotland-based startup carrier that planned to launch passenger flights using electric propulsion technology, has entered voluntary liquidation after failing to secure the investment needed to move the project forward. The company was established in 2023 with the goal of developing the world’s first fully electric airline. Despite announcing several plans for future…