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Cannasouth Limited (NZX:CBD) announces that a watershed meeting for its wholly owned subsidiary, Cannsouth Bioscience Limited, was held on Thursday, 6 June 2024. At the watershed meeting, the creditors of Cannasouth Bioscience Limited resolved to hand the control of the company back to its directors. Subsequently, Cannasouth Limited (as sole shareholder) resolved to place the company into liquidation. -ENDS- For further information visit www.cannasouth.co.nz or contact: Garry Whimp Administrator, Blacklock Rose Ltd Email: gwhimp@blr.co.nz Mobile: 021 587 230 Ben Francis Administrator, Blacklock Rose Ltd Email: bfrancis@blr.co.nz Mobile: 021 042 6991