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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

Comment by RUKIDDINGME911on Sep 27, 2021 11:06pm
316 Views
Post# 33928924

RE:RE:RE:RE:RE:Phyto Extractions expects to close acquisition Sept. 15

RE:RE:RE:RE:RE:Phyto Extractions expects to close acquisition Sept. 15In my opinion, if you look at past NR's, you can see phyto made a deal with namaste which looks like it was for 1 year and generated 1.82 mil in royalty payments. Clearly didn't look like a profitable deal for anyone as it didn't continue onto another extended year or merger. Maybe this current deal was a deal for both sides as they both ran out of options, phyto gets stale unliquid paper they think they won on and ad gets a brand.. ask supreme how they did with wiz khalifa, or ask canopy how snoop is pulling through for them, lol. Next PP raise will be a fun one here. With Health Canada killing the marketing efforts and customer emphasis on just the testing part, which is a legal requirement for all legal products in Canada, I don't think brands will matter the slightest for years and years to come, until new govt change comes or massive reform in legislation, good luck biggdeal you'll need it if your posted up here. 


biggdeal wrote: Aaarrrgghhh. Sure would like to know the real sales numbers. 19m acquisition better have some substantial numbers to back up that sale. Does anyone know next financial release?


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