Althea Group’s Peak Processing Solutions has signed a three-year contract manufacturing agreement with Collective Project in Canada. The deal involves producing at least 700,000 cannabis-infused beverage units annually with a sales value of around CAD$6.5 million, aiming to capture 40% of the market by the end of Q1 2024. Althea’s stock rose 8% following the announcement.
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Written by: Eddy Sunarto
Published on February 3, 2024 at 01:58PM
Source: Stockhead (opens in new tab)