02:56 PM EDT, 07/09/2024 (MT Newswires) -- Cosmos Health ( COSM ) said Tuesday its Cana Laboratories subsidiary has secured a contract to produce 500,000 units of CBD products for Humacology, a privately held wellness company in Australia.

Financial terms were not disclosed.

Shares of Cosmos Health ( COSM ) were up about 1.6% in recent trading, easing from a brief 20% spike soon after the deal was announced.