Business
Why the Althea (ASX:AGH) share price is pushing higher today
The Althea Group Holdings Ltd (ASX: AGH) share price is on course to end the week on a positive note.
At the time of writing, the cannabis company’s shares are up 2% to 52 cents.
Why is the Althea share price pushing higher today?
Investors have been buying Althea shares this morning following the release of a positive announcement.
That announcement reveals that its Canadian subsidiary, Peak Processing Solutions, has received an initial purchase order from Peace Naturals Project.
Peace Naturals Project is a subsidiary of C$4.4 billion and Nasdaq listed cannabis giant Cronos Group.
According to the release, the initial purchase order forms part of a larger one-year commercial services agreement and is valued at approximately…
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