Althea has reported its strongest quarter since listing on the ASX with customer receipts rising to A$5.5 million, double that of the same period in 2020 and up 21% on the previous quarter.

Its medicinal cannabis division achieved receipts of $2.8m, including $1.2m in December alone – a record in a single month – while its Canadian-based recreational operation, Peak Processing, raked in $2.7m, up 60% on the previous quarter.

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Steve has reported for a number of consumer and B2B titles over a journalism career spanning more than three decades. He is a regulator contributor to health journal, The Medical Republic, writing on...

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