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.

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Adastra Holdings Ltd > Shareholder Class Action Investigation

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Comment by lscfaon Mar 10, 2023 3:45pm

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Post# 35331558

RE:Shareholder Class Action Investigation

No merit to lawsuit. The Feb 22 NR made it clear that Adastra was limited to very small quantities so it is not reasonable for a reader to assume large scale selling to the public was feasible.

"The amended license allows Adastra to interact with up to 250 grams of cocaine and to import coca leaves to manufacture and synthesize the substance."

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