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Why the Creso (ASX:CPH) share price is smoking the market today – The Motley Fool Australia

The Creso Pharma Ltd (ASX:CPH) share price has been smoking the market on Thursday morning. Here’s why it is racing higher…



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The Creso Pharma Ltd(ASX: CPH) share price is racing higher on Thursday following a positive announcement.
At the time of writing, the cannabis company’s shares are up 6% to 20.7 cents.
What did Creso announce?
This morning Creso provided the market with an update on its Canadian subsidiary, Mernova Medicinal.
According to the release, Mernova Medicinal has secured new purchase orders valued at C$145,192 (A$150,770) from the Ontario Cannabis Store and Yukon Liquor Corporation.
The company notes…

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