CANN Group has raised $4.46 million in additional capital from its shareholders, as it seeks to expand operations at its Mildura facility.

In June, the company announced it was seeking $11.7 million to accelerate the growth of the medicinal cannabis research and production site, eyeballing a production target of 12.5 tonnes of dried biomass on an annual basis, and profitability by the 2025 financ...