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Althea Group Secures $4M to Accelerate THC Beverage Expansion in North America
10:11am on Monday 17th of February, 2025 AEDT
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Cannabis
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Althea Group Secures $4M to Accelerate THC Beverage Expansion in North America
10:11am on Monday 17th of February, 2025 AEDT
Key Points
Raised $4 million via share placement and unsecured loan notes
Funds to expand THC beverage production capacity by 3 million cans
Investment focused on North American infrastructure and working capital
Directors subscribed for $120,000 subject to shareholder approval
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