Captiva Verde Wellness Corp C.PWR

Solargram processing with Adastra

[biggdeal]

Well done gentleman. Adastra labs are a high quality processor with a solid reputation. This will reflect well on both companies. Adastra will turn those concentrates to big dollars for Solargram.

[HandyAfterall]

That's great news. Happy to have some details about the solargram plan. No money terms mentioned, but that's not unusual. It'll be nice to see some revenue. 

[Chart1]

Agreed. The margins on concentrates are good. Certainly alot better than flower. This will be best use of the crop for sure.. They rarely release the "money terms" but im sure it's a big win for both companies. Considering Adastra does all the filling, testing, packaging , extraction for Phyto , one of the biggest Canadian brands, I think Solargram is in real good hands..

[HandyAfterall]

Just re-read the different nr's, and now realize that adastra is only processing for solargram; they are not selling.  this means, the contract does not imply revenue yet. There will be a cost of paying adastra for the processing, but because solargram does not have a license to sell derivatives like oil etc, they will still have no potential source of revenue.  they will have no

[SweetLordJesus]

Management is good with spin offs and 'hurry up and waits'. Or as others may say and have read here and there many a times...........'over estimate and under deliever'. The best part is that no one here has stepped up to provide any feedback to your quiries. Even the long timers. 

[oknowhat]

release LoginTell My Story   Back to Newsroom Mentioned in this Article Adastra Announces Processing Agreement with Solargram to Reflect the Company's Multi-tiered Approach to Increase Sales Revenue Monday, December 7, 2020 8:00 AM Share this article now Topic: Company Update LANGLEY, BC