Australia's Althea Group gains on manufacturing agreement in Canada

Peak Processing

01/02/2024 23:45

** Shares of Althea Group  AGH.AX  up 8.3% at A$0.039, set
for best day since Jan 23, if gains hold
    ** Cannabis products seller says unit Peak Processing
Solutions signed a contract manufacturing agreement with
Collective Project, a cannabis-infused beverage brand in Canada 
    ** Says, under deal co will manufacture 6 cannabis-infused
beverage products for Collective Project to serve the Canadian
adult-use market
    ** Stock down 7.7% YTD as of last close
 

 (Reporting by Ayushman Ojha in Bengaluru)
 ((Ayushman.ojha@thomsonreuters.com;))