News

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…

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Althea completes first export of products to Grow Pharma

Investment Highlights: Althea has completed its first export shipment of products to UK-based medicinal cannabis distributor Grow Pharma Signed in 2020, the…

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Althea completes first shipment of products to Germany

Investment Highlights: Althea has completed its first shipment of medicinal cannabis products to Germany Initial shipment of 2,000 units valued at approximately…

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December sales exceed $1.19M with 90% monthly growth in UK

Investment Highlights: Althea achieved record sales of $1,190,473 in December 2020, an increase of 40% from November 2020, and the first time monthly sales have…

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CBD medicines available for over-the-counter sale from 2021

Investment Highlights: Althea applauds the final decision by the Therapeutic Goods Administration (TGA) to amend the current Poisons Standard to down schedule…

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Althea expands into South Africa with new supply agreement

Expected from Q1 2021, Althea will import a range of Althea products into South Africa. Investment highlights: Althea has signed a wholesale supply agreement to…

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Peak to manufacture US cannabis brand Tinley’s™ in Canada

Peak selected as the exclusive manufacturer of Tinley’s™ cannabis-infused beverages for the Canadian market. Investment highlights: Althea subsidiary Peak…

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Althea products receive the green light for German sales

Althea is proud to announce that it is set to become the first commercial supplier of Australian made medicinal cannabis extract products to be sold and distributed in the…

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Althea subsidiary Peak Processing to immediately commence operations following granting of Canadian cannabis licence

Investment Highlights Althea’s wholly-owned subsidiary Peak Processing Solutions will immediately commence commercial operations having successfully obtained its…

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Online sales contribute to record revenue and new patients in July; UK MyAccess Clinics booked out weeks in advance

Investment Highlights Patients purchasing products online through Althea Concierge™ have helped the company set a new Australian patient and revenue record in July…

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