Althea Group Holdings Ltd. (AU:AGH) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Althea Group Holdings Ltd. attributes the recent surge in its trading activity to media coverage and investor interest in its U.S. cannabis beverage operations, particularly following the start of production in Florida by its subsidiary Peak USA. The company also mentions the overall positive performance of the cannabis sector on the ASX and is in the early stages of potentially selling a non-core business unit. Althea Group has confirmed compliance with ASX Listing Rules, including continuous disclosure obligations.
For further insights into AU:AGH stock, check out TipRanks’ Stock Analysis page.