Post by
stealthct on Sep 17, 2021 9:34am
Look at Adastra
Haven't looked into Adastra inawhile. Tons of bashing about the company in the past but look at the share price. They also have done 8.7M revenue for tirst 8 months of 2021, which is a large increase from the 8 months in 2020.
https://stockhouse.com/news/newswire/2021/09/16/adastra-holdings-announces-record-sales-august
Comment by
Adventurous on Sep 17, 2021 9:51am
Not sure the bashing helped that much (joking) but you are right, a nice improvement. Maybe a pattern there for what could be expected from Nextleaf. Both are still down big time from a year ago, share price improvement since they started selling vapes, work on innovative extraction, etc. Nice find.
Comment by
Kensin1954 on Sep 17, 2021 10:22am
Good one Stealth. I see they have about a third of the shares out. Might be a reason for the share price but more likely better Institutional support. Still OILS S.B. in the $.30-.40c range CDN. All things being equal. Both of these companies are from Langley B.C, Canada. Is there something about this area that attracts this business? JMHO
Comment by
stealthct on Sep 17, 2021 2:02pm
they were trading at 0.81 centas at a low with minimal volume. today to $1.44. I expect significantly more sales
Comment by
LastoftheFranks on Sep 19, 2021 9:10pm
Adastra did a 3 for 1 share consolodation in April. Investors are down a horrendous amount of money if you got in before then. https://www.accesswire.com/639619/Adastra-Labs-Announces-Update-on-Proposed-Name-Change-Share-Consolidation