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Althea Group Holdings Ltd. ( (AU:AGH) ) has issued an announcement.
Althea Group Holdings Ltd. has secured $4.0 million in funding through a Share and Loan Notes Placement to scale its THC beverage growth in North America. This funding will enhance the company’s infrastructure and production capabilities in Canada and the U.S., aiming to solidify its market position in the fast-evolving THC beverage sector.
More about Althea Group Holdings Ltd.
Althea Group Holdings Ltd. is a global leader in the manufacturing, sales, and distribution of prescription medicinal cannabis. The company operates through its wholly-owned subsidiary, Peak Processing Solutions, which focuses on recreational cannabis products for retail consumers.
YTD Price Performance: -33.33%
Average Trading Volume: 931,720
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: A$10.16M
For a thorough assessment of AGH stock, go to TipRanks’ Stock Analysis page.
