Three medical cannabis firms propose roll-up into one united firm

(Image: Getty)

Wed, 28 May 2025

Three of New Zealand’s largest medicinal cannabis companies have revealed a potential merger is in the works, in a move they say could reshape the country’s medicinal cannabis landscape.The sector has faced a number of closures and setbacks over recent years.Helius Therapeutics, Green Leaf Group and Elysian Group have proposed to merge into a single company under the name Helius Health. The move is contingent on shareholder approval, expected to be finalised by the end of June.Helius Therapeutics was NZ’s first certified Good...

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