Althea Group Holdings Ltd. (AU:AGH) has released an update.
Althea Group Holdings Ltd’s subsidiary, Peak USA, is making headway in the United States by establishing a new emulsion manufacturing lab in Florida, starting production of cannabis-infused beverages, and gearing up for online sales and negotiations with liquor distributors. The company’s joint venture with Flora Growth Corporation will soon introduce a range of THC-infused seltzers and sodas, targeting the lucrative U.S. cannabis beverages market that’s expected to grow exponentially by 2028.
For further insights into AU:AGH stock, check out TipRanks’ Stock Analysis page.