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An update from Althea Group Holdings Ltd. ( (AU:PKP) ) is now available.
Peak Processing Limited reported strong operational momentum in its Canadian cannabis beverage business, with quarterly production rising from 702,289 units in Q2 FY26 to an expected 900,000 units in Q3 and approximately 1.4 million units in Q4, driven by confirmed customer orders and expanded agreements with brand partners such as St. Peter’s Beverages and Electric Brands. This step-change in scale follows an operational reset and is expected to deliver materially higher revenue for the Canadian operations, while best-in-class OTIF delivery performance improving from 53% in June 2025 to 99.75% in February 2026 has strengthened relationships with distributors and retailers and supported new listings, including 19 additional SKUs with Ontario Cannabis Store and the launch of new beverage brands on Peak’s platform.
The company has leveraged its improved reliability and supply chain execution to secure new beverage listings and expand its contract manufacturing platform beyond beverages into concentrates, vapes, topicals and extraction services. These developments enhance Althea’s positioning as a key contract manufacturer in the Canadian cannabis market and diversify its revenue channels, while U.S. operations continue to advance with further detail to be provided later, indicating an ongoing strategic push into additional geographic markets.
The most recent analyst rating on (AU:PKP) 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:PKP Stock Forecast page.
More about Althea Group Holdings Ltd.
Althea Group Holdings Ltd., through its subsidiary Peak Processing Limited, operates in the cannabis consumer products industry with a focus on manufacturing cannabis-infused beverages and related product formats in Canada. The company provides contract manufacturing services for branded partners, targeting provincially controlled distributors and expanding across beverages, concentrates, vapes, topicals and extraction services.
Average Trading Volume: 1,998,144
Technical Sentiment Signal: Sell
Current Market Cap: A$19.7M
For an in-depth examination of PKP stock, go to TipRanks’ Overview page.