Launching Astrolab Live Rosin Beverages this Fall
Highlights:
- Peak to produce and launch two cannabis-infused beverage products for Simply Solventless under the Astrolab brand.
- Astrolab Live Rosin Cream Soda and Astrolab Rocket Lime Live Rosin Soda to be available in Ontario and Alberta this Fall via OCS and AGLC respectively.
- Simply Solventless is developing an additional three beverages under their FrootyHooty brand, set to launch in 2025.
- Simply Solventless is expanding into new markets in early 2025.
5 November 2024: Althea Group Holdings Limited (ASX:AGH) (‘AGH’, or ‘the Company’), a global leader in the manufacturing, sales and distribution of cannabis-based medicines and recreational cannabis products, is pleased to announce that its wholly-owned subsidiary, Peak Processing Solutions (‘Peak’), has signed a new partnership agreement with Simply Solventless Concentrates (‘Simply Solventless’).
Under this agreement, Peak will manufacture and launch two cannabis-infused beverage products under the Astrolab brand for Simply Solventless. These products, Astrolab Interstellar Live Rosin Cream Soda and Astrolab Interstellar Rocket Lime Live Rosin Soda will be available in Ontario through the Ontario Cannabis Store (OCS) and in Alberta through the Alberta Gaming & Liquor Commission (AGLC) this Fall.
“We’re excited to bring Simply Solventless’s exceptional extraction expertise together with our advanced production capabilities to launch these innovative beverages,” said Graham Hamilton, Director of Commercial & Marketing at Peak Processing Solutions. “These products will deliver a premium experience that stands out in the dynamic cannabis beverage space.”
Simply Solventless is renowned for its dedication to producing high-quality, solventless cannabis products that maintain the integrity and purity of the plant. The Astrolab brand reflects this dedication, offering consumers an exceptional beverage experience with innovative flavours and consistent quality.
“From day one, the team at Peak has been incredibly attentive and responsive at every step,” said Luke Dickson, Commercial Brand Manager for Simply Solventless. “As we ventured into a new category, we were thrilled to have their expertise join our team, helping us create something truly epic and special for our brands.”
Looking toward the future, Barry Katzman, Managing Director at Peak Processing Solutions, expressed enthusiasm about the broader potential of the partnership. “This collaboration marks just the beginning. We’re committed to working closely with Simply Solventless as they expand their beverage offerings and venture into new markets. Together, we’re poised to drive meaningful innovation and growth in the cannabis industry.”
Simply Solventless has ambitious plans for growth. In addition to their existing beverage line, they are currently developing three new beverages under their FrootyHooty brand, which are expected to launch in 2025. Moreover, they are eyeing further expansion into additional markets, aiming to make their mark in new regions by early 2025.