Althea’s half-year results saw the company report revenue of A$5,098,000, an increase of 175.3% on the prior corresponding period, driven by increasing its share of the Australian and UK medicinal cannabis markets.

The company reported a loss after providing for income tax of $8,274,000 (a fall of 0.9% compared to H1 FY20) which it attributed to employee costs ($5,250,000). The company also made a foreign exchange loss of $1,529,000.

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Prior to launching Cannabiz, Martin was co-founder and CEO of Asia-Pac’s leading B2B media and marketing information brand Mumbrella, overseeing its sale to Diversified Communications in 2017. A journalist...

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