Australian Primary Hemp (ASX:APH) share price surges. Here’s why.

The Australian Primary Hemp Ltd (ASX: APH) share price is surging today following the singing of a retail distribution agreement. During late-morning trade, the premium plant-based and wellness company’s shares are swapping hands for 47 cents apiece, up 6.9%.

Established in 2016, Australian Primary Hemp is a vertically integrated company that produces, manufactures, and distributes plant-based products. This includes seeds, oils, nut bars, flour, and more.

What’s driving the Australian Primary Hemp share price higher?

The Australian Primary Hemp share price is on the move today as investors digest the company’s latest positive announcement.

According to its release, Australian Primary Hemp signed a retail distribution…