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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

Post by biggdealon Mar 11, 2021 8:46pm
292 Views
Post# 32782474

Halt.

Halt.Hmmmm, this could be very interesting. I wonder what will come out of this halt. God I hope it's the Phyto deal. If Adastra can wrap up that deal it will be a massive deal and opportunity for shareholders. Fingers crossed. Looks like they brought on a CEO with market know how. Everything seems to be in alignment for Adastra 2.0... Brands are were it's at. They are what these processor's and growers are trying to attach themselves too. The brands have all that b-c money and margins are way higher. I bet we see alot of M&A regarding brands this year. If Adastra locks down Phyto then it will be one of the biggest brand acquisitions of 2021.
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