Creso increases supply of hemp protein to large Slovakian bakery
Leading supplier of therapeutic grade nutraceutical cannabis and hemp products, Creso Pharma (ASX: CPH), has delivered its second shipment of hemp protein to one of Slovakia’s largest bakeries, Pekarne Liptovsky Hradok,s.r.o. (PLH).
The 700 kilogram shipment followed the delivery of 500 kilograms in mid-August, and has effectively created an additional revenue stream for the vertically integrated group.
CPH’s Hemp Industries division is looking to forge a long-term relationship with PLH, resulting in increased shipments of hemp protein and other hemp seed based products.
However, it is early stages in this relationship, so investors should seek professional financial advice for further information if considering this stock for their portfolio.
Having been operating nearly 80 years and traditionally involved in the production of wafers, biscuits, vanilla and cinnamic sugar, PLH has been transformed into a company that is increasingly focused on producing products that assist in treating health conditions such as diabetes,...
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