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Little Green Pharma Completes Strategic Acquisition of Health House
Company Announcements

Little Green Pharma Completes Strategic Acquisition of Health House

Story Highlights
  • Little Green Pharma acquired Health House, enhancing its distribution capabilities.
  • This acquisition aligns with LGP’s vertical integration strategy in the cannabis industry.
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An update from Little Green Pharma Ltd. ( (AU:LGP) ) is now available.

Little Green Pharma Ltd. has successfully completed the acquisition of Health House, a medicinal cannabis distribution business. This strategic move is part of LGP’s long-term plan for vertical integration and expansion within the evolving Australian medicinal cannabis industry. The addition of Health House’s experienced team is expected to enhance LGP’s capabilities and market presence, further solidifying its position and offering value to stakeholders.

More about Little Green Pharma Ltd.

Little Green Pharma Group is a global, vertically integrated medicinal cannabis and psychedelics business with operations from cultivation and production through to distribution and clinical services. The company operates production sites in Denmark and Australia and complies with relevant regulatory standards, supplying medical-grade cannabis products to various markets and offering psychedelic-assisted psychotherapy services.

YTD Price Performance: -8.33%

Average Trading Volume: 145,617

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: A$33.32M

See more data about LGP stock on TipRanks’ Stock Analysis page.

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