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Elixinol to Divest US Business for A$465,000 Amid Regulatory Uncertainty

3:36pm on Monday 31st of August, 2026 AEST Health and Wellness
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Elixinol to Divest US Business for A$465,000 Amid Regulatory Uncertainty

3:36pm on Monday 31st of August, 2026 AEST
Key Points
  • Binding offer received from Ananda Health for US business
  • Headline consideration of A$465,000 including earn-outs and contingencies
  • Divestment reduces regulatory risk exposure in US hemp market
  • Focus shifts to Australian health and wellness portfolio
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