Private: News & Events

Peak receives CAD$130K initial purchase order from WeedMD

Investment Highlights:

  • Althea subsidiary Peak Processing Solutions has received its first purchase order from WeedMD RX Inc, a subsidiary of Canadian publicly listed cannabis producer WeedMD Inc.
  • The order follows Peak entering into a one-year commercial services agreement with WeedMD to perform hydrocarbon extraction, formulation, and co-packing of live resin cannabis concentrates
  • The initial order is valued at approximately CAD$130,000 and is slated for delivery in March 2021

For full ASX announcement – read here

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