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Bullboard - Stock Discussion Forum 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... see more

CSE:XTRX - Post Discussion

Adastra Holdings Ltd > Once the Phyto deal is done this company will POP!!
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Post by biggdeal on May 26, 2021 7:53pm

Once the Phyto deal is done this company will POP!!

Eagerly awaiting on finalizing the acquisition. The brand, I believe is one of the biggest in Canada so the revenue will definitely drive up the share price. Adastra/Phyto Extractions structure is extremely tight. They are definitely a much better buy at a big discount than Valens. No reason this isn't a $2.00 stock all day long. They have very liitle debt, no toxic financing and are making money. They are in the 1% of successful cannabis companies. Would be nice to get an update on the acquision but I assume with changing their name the deal is imminent. Probably a good time to sit on the bid ;)
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