Creso (ASX:CPH) share price edges higher on product launch

The Creso Pharma Ltd (ASX: CPH) share price is edging higher in mid-afternoon trade following its new CBD product launch. At the time of writing, the cannabis company’s shares are trading at 21 cents, up 2.5%.

Product launch

Investors appear pleased with the company’s plans to strategically launch its new products, sending Creso shares higher.

According to its release, Creso advised it has launched three new CBD-based tea products in Switzerland, and potentially Germany.

Recognised under the established cannaQIX brand, the new products include cannaQIX tea, cannaQIX NITE tea, and cannaQIX Immunity tea. The three new products were developed…