AGH althea group holdings limited

Althea Group (ASX:AGH) strikes five-year deal with Boston Brewing Co for cannabis-based drinks

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    • Althea Group (AGH) strikes a deal with a subsidiary of The Boston Brewing Company (BBC) to develop some cannabis-based alcohol-free beverages
    • Althea's Canadian subsidiary, Peak Processing Solutions, signs the deal, which is worth a potential US$3.42 million (A$4.68) over its five-year term
    • Under the deal, Peak will become the exclusive manufacturer of all cannabis-infused beverages to be sold under the BBC brand
    • Peak also has the first right of refusal to commercialise any of its intellectual property in connection with its product development outside of Canada

    Read the Full Article on The Market Herald here
 
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