|Bid||0.2900 x 5018500|
|Ask||0.2950 x 4614600|
|Day's Range||0.2850 - 0.2950|
|52 Week Range||0.2300 - 0.6200|
|Beta (5Y Monthly)||1.46|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 30, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||0.83|
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Peak Processing Solutions, a subsidiary of Althea Group Holdings Limited (ASX: AGH), ('Peak' or 'the Company') is a leading developer, manufacturer, and distributor of cannabis infused edible, topical, and concentrate products is pleased to announce that the Company has entered into agreements with WeedMD Rx Inc., a subsidiary of (TSXV: ENTG) (OTCQX: WDDMF) ('Entourage') and BBCCC, Inc., a subsidiary of the Boston Beer Company Inc. (NYSE: SAM) ('BBC').
Entourage holds exclusive rights to sell, market and distribute Boston Beer-branded and licensed non-alcoholic cannabis beverages produced by Althea’s subsidiary Peak ProcessingCompany also enters into supply agreement with Peak to provide cannabinoid-rich input biomass to Peak to formulate and manufacture the cannabis beverage products in Canada Global cannabis beverage market is estimated to reach US$2.8 billion by 2025 after growing at a compound annual growth rate (CAGR) of 17.8 per cent fro
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