Peak receives CAD$130K initial purchase order from WeedMD
- 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