Worldwide Weed: Cannabis Companies Althea, Rocket Factory Team Up For Premium Dried Flower Launch
Portfolio Pulse from Patricio Liddle
Althea Group Holdings Limited (OTCPK: AHGHF) has signed an exclusive supply agreement with Canadian cannabis producer Rocket Factory to distribute premium dried flower products in Australia, the UK, and Germany. The partnership aims to meet the growing demand for high-quality medicinal cannabis products and will introduce two new strains under the Althea brand in June 2024.
May 28, 2024 | 8:44 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Althea Group Holdings Limited has signed an exclusive supply agreement with Rocket Factory to distribute premium dried flower products in Australia, the UK, and Germany. This partnership aims to meet the growing demand for high-quality medicinal cannabis products.
The partnership with Rocket Factory is a strategic move for Althea to meet the growing demand for high-quality medicinal cannabis products in competitive markets. This is likely to positively impact Althea's stock in the short term as it expands its product offerings and market reach.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100