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Althea Group Holdings Appoints New Managing Director Amid Strategic Shift

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Althea Group Holdings Appoints New Managing Director Amid Strategic Shift

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The latest update is out from Althea Group Holdings Ltd. ( (AU:AGH) ).

Althea Group Holdings Ltd has announced the appointment of Barry Katzman as Managing Director, following the retirement of Vaughan Webber. Under Webber’s leadership, the company shifted focus from pharmaceutical assets to the THC beverage market, setting a foundation for future growth. The company is now poised to expand its presence in the rapidly growing THC beverage markets in Canada and the United States, with a stable board and executive team in place to scale profitably.

The most recent analyst rating on (AU:AGH) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Althea Group Holdings Ltd. stock, see the AU:AGH Stock Forecast page.

More about Althea Group Holdings Ltd.

Althea Group Holdings Ltd (ASX: AGH) is a leading FMCG organization specializing in the manufacturing, sales, and distribution of THC beverages. Through its innovative business unit, Peak Processing Solutions, AGH develops premium, compliant products that resonate with adult consumers in regulated global markets, including the USA and Canada.

Average Trading Volume: 1,249,078

Technical Sentiment Signal: Sell

Current Market Cap: A$21.04M

Find detailed analytics on AGH stock on TipRanks’ Stock Analysis page.

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