Judge us on the future, not the past, says Cann Group CEO

Cann Group Chief Executive Officer, Peter Koetsier, chatted to Steve Jones from Cannabiz.com.au this week about the Company and its current financial position.

Read some of the outtakes from the conversation below.

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Peter Koetsier insisted the firm should be viewed through the lens of the future, not the past – or even the present – given the progress it made during the back end of the financial year.

“We accelerated our revenue towards the back end of the year and we accelerated planting and capacity within the facility. Where we ended the financial year is nowhere near where we started. “Mildura hadn’t even produced its first commercial crop until the very beginning of FY23 so there’s a huge difference to where we are today. I think most people are looking at us now rather than where we were 12 months ago. A lot has changed.”

“My key focus is to get us to EBIT profitability as quickly as possible and no-one should be under any misconception that we are not 100% focused on making that happen,” Koetsier said. “If we can bring that timeline forward, believe me we will do it. We owe it to everybody to be profitable as quickly as possible.”