Elixinol Wellness completes U.S. divestment, reports narrowed loss and margin expansion
MELBOURNE: Elixinol Wellness Ltd. has completed the sale of its United States business to Ananda Health, Inc., the company announced Monday, as it sharpens focus on its Australian health and wellness portfolio. The transaction, which closed Sept. 4, provides for total consideration of approximately A$465,000, according to an ASX announcement. The deal includes an upfront payment of A$250,000,…
