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BRIEF-Althea Expands Into South Africa With New Supply Agreement

Published 03/12/2020, 12:17 pm
Updated 03/12/2020, 12:18 pm
AGH
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Dec 3 (Reuters) - Althea Group Holdings Ltd AGH.AX :

* ALTHEA EXPANDS INTO SOUTH AFRICA WITH NEW SUPPLY AGREEMENT

* EXPANDS INTO SOUTH AFRICA WITH NEW SUPPLY AGREEMENT

* SIGNS WHOLESALE SUPPLY AGREEMENT WITH MG BIOTECH VENTURES AND AFRICANN AGREEMENT

* ALTHEA'S FIRST SHIPMENT OF PRODUCTS EXPECTED TO BE DELIVERED IN Q2 2021

* AGREEMENT REPRESENTS REVENUE FORECAST AMOUNT OF ABOUT $650,000 OVER INITIAL TERM OF 2.5 YEARS

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