One of the first movers in Australia’s medicinal cannabis industry may exit the market after another collapse in sales.
Althea Group Holdings (AGH) confirmed that it could offload its pharmaceutical division at the conclusion of a “comprehensive strategic review”.
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There is far more to this story as Althea has now exited the Australian market for good, laying off all their staff. This was all their own doing which started by laying off senior and experienced sales/commercial people.