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Althea Group Holdings Ltd. ( (AU:PKP) ) has issued an update.
Peak Processing Limited has signed a two-year Beverage Fulfillment Agreement with Organigram Inc., a major Canadian cannabis producer, to manufacture the Collective Project brand of THC-infused beverages. This agreement is expected to enhance Organigram’s expansion into the beverage category and solidify Peak’s role as a leading manufacturer in the fast-growing THC beverage market. The collaboration aims to ensure consistent manufacturing and supply continuity while leveraging Organigram’s innovations and Peak’s production scale. The agreement is seen as a strategic move to boost Peak’s operational momentum and revenue profile, reinforcing its position as a trusted manufacturing partner for cannabis beverage brands in Canada.
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.
Peak Processing Limited (ASX: PKP) is a global leader in the manufacturing, sales, and distribution of THC beverages. The company supports multiple leading brands across Canada with end-to-end formulation, production, packaging, and compliance management. Peak is one of the largest THC beverage manufacturers in Canada, known for its real-fruit ingredient formulations and modern flavor profiles.
Average Trading Volume: 1,329,309
Technical Sentiment Signal: Sell
Current Market Cap: A$19.03M
For a thorough assessment of PKP stock, go to TipRanks’ Stock Analysis page.