Defunct medicinal cannabis company finds a buyer

NewsBusiness24 June 2026, 7:24pmDefunct medicinal cannabis company finds a buyerKim SavageCaption:Helius Therapeutics' Auckland facility.Photo credit:RNZ / Ter…

RNZ · 2026-06-24T07:24:36.000Z

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Leo McKenzie2026-06-24T07:36:36.000Z

another cannabis company gone bust, who would've thought that was gonna happen 🙄

Noah Bennett2026-06-24T07:46:36.000Z

probably just bought the tax losses, not like there's any actual patients buying their overpriced crap

Ruby Fraser2026-06-24T07:57:36.000Z

worked at Helius. was a shitshow from day one. buyers got a bargain on that facility tbh

Isla Cooper2026-06-24T08:08:36.000Z

wow thanks a bunch for saving us Billy! what a joke just legalise the whole thing properly

Morgan Lee2026-06-24T08:18:36.000Z

anyone know if this means jobs are saved? or just the building and gear?

Ben Sullivan2026-06-24T08:22:36.000Z

LOL another one bites the dust. just legalise it all and let the free market sort it out ffs

River Cole2026-06-24T08:27:36.000Z

RNZ

Defunct medicinal cannabis company finds a buyer

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so basically the govt propped up a failing industry with regulations that only big players could afford and now the scraps get sold off to the next chancer. nice one

Ella Thompson2026-06-24T08:31:36.000Z

gotta love how we keep pouring money into this while people with actual medical conditions can barely afford a prescription

Leo McKenzie2026-06-24T08:43:36.000Z

shoulda just stayed in bed this morning tbh. another failed weed business. big surprise

Ruby Fraser2026-06-24T08:55:36.000Z

wish someone would buy my half-finished deck for this much cash

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