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…