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Adastra Holdings Ltd C.XTRX

Alternate Symbol(s):  XTXXF

Adastra Holdings Ltd. is a Canada-based company, which is engaged in the supply and manufacturing of ethnobotanical and cannabis products for lawful adult-use. The Company extracts and processes cannabis for sale to the recreational and medical markets in Canada using its large-scale extraction facility (the Facility) to produce a variety of products, including vape pens, wax, resin, infused pre-rolls, diamonds and shatter. It serves medical markets and engages in therapeutic applications. With cannabis concentrate products sold through retailers at more than 2,000 locations across Canada, Adastra's Phyto Extractions and Endgame Extracts brands are well established with a solid distribution presence. As a Health Canada licensed facility, it specializes in extraction, distillation and manufacturing of a range of cannabis-derived products. Its subsidiaries include Adastra Labs Holdings (2019) Ltd., Adastra Labs Inc., 1178562 B.C. Ltd., Adastra Brands Inc., and others.


CSE:XTRX - Post by User

Bullboard Posts
Post by WisOREon Dec 05, 2012 3:09pm
289 Views
Post# 20688549

News?

News?

Well looking at the activity (lack of) on the stock gives me a indication that drilling news is more futher away than anticipated.For one,Being tax loss season here in Canada gives the opportunity for those to bottom fish at these levels.So why put out news now?For two,If there is a winter drill program (if) I would suspect that there would be a financing?The only reason being said is that AWS cash on hand is 500k$.So to drill and keep the company afloat over the next 6 months or so I would believe that a Private placement would be at hand.I myself have been in the stock since January of this year,and have been accumulating shares at various levels,catching some dips and the odd run up in price.My take on Arrowstar and going through all press releases over the past year is that now is the time for things to start happening.I hope that I am wrong,but as per previous post I cannot see drilling coming this winter.But like I said hope I am wrong.In any case it is time for aws to get going and show some action (Liquidity) in the stock for the long term loyal shareholders as myself.

 

Bullboard Posts