Business
Here’s why the Zelira (ASX:ZLD) share price just rocketed to new high
The Zelira Therapeutics Ltd (ASX: ZLD) share price is breaking new records today. This comes after the company announced a new licencing agreement with Alternative Solutions LLC.
Alternative Solutions is a licenced grower, manufacturer and distributor of medical cannabis products in the District of Columbia (Washington DC), United States.
During late morning trade, the Zelira share price hit an all-time high of 14 cents. However, its shares have since pulled back slightly, up 16% to 12 cents at the time of writing. In comparison, the All Ordinaries Index (ASX: XAO) is edging 0.4% higher to 6,911 points.
What did Zelira announce?
According to the release, Zelira advised it has entered an exclusive licencing deal with Alternative…
-
General23 hours agoNothing to see here *wink wink*
-
Noosa News8 hours agoMega-team of heavy horses sets world record at Good Old Days Festival
-
General22 hours agoNewcastle Jets defeat semi-professional Heidelberg United 3-1 to lift first Australia Cup
-
Noosa News14 hours agoMedia adviser launches $4m malicious prosecution claim over kidnap case