Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 > Shareholder Class Action Investigation
View:
Post by eightyonewest on Mar 07, 2023 6:38pm

Shareholder Class Action Investigation

Eighty-One West Law PC (81W), Camp Fiorante Matthews Mogerman LLP (CFM) and Bennett Mounteer LLP (Bennett Mounteer) are investigating potential shareholder claims relating to the press release of Adastra Holdings Ltd. (CSE: XTRX) on February 22, 2023, which stated that Health Canada had approved the amendment of its Controlled Drug and Substances Dealer's License to include cocaine as a substance that the Company can legally possess, produce, sell and distribute.

If you are a current or former Adastra shareholder who bought Adastra shares, on market from and including February 22, 2023 to and including March 3, 2023 and would like further information, please contact nick@eightyonewest.com or mm@hbmlaw.com.

81W is a boutique legal practice based in London, Ontario, handling high value and complex capital markets disputes. www.eightyonewest.com

CFM is an established Vancouver law firm with a national and international practice known for its class actions experience. Learn more about CFM at www.cfmlawyers.ca

Bennett Mounteer is one of Canada's leading boutique class action litigation law firms, with extensive experience in handling large commercial cases, such as the BridgeMark class action. Learn more about Bennett Mounteer at www.bennettmounteer.com
Comment by lscfa on Mar 09, 2023 5:05pm
Sunshine Labs made the same mistake as Adastra. Maybe both companies were simply repeating some poorly worded approval from Health Canada.   https://www.newswire.ca/news-releases/sunshine-earth-labs-ltd-provides-corporate-update-849132157.html   https://www.newswire.ca/news-releases/sunshine-earth-labs-ltd-retracts-and-amends-previous-corporate-update-provided-on-march-2-2023 ...more  
Comment by lscfa on Mar 10, 2023 3:45pm
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."
Comment by lscfa on Mar 10, 2023 3:50pm
  The "proposed" class action is for the period Feb 22 to Mar 03. The stock did not take off until March 2.  Lawyers should be suing market manipulators. Maybe some scumbags on social media pumped and dumped the stock.       Date Open ($) High ($) Low ($) Close ( ...more  
Comment by lscfa on Mar 10, 2023 4:35pm
scumbag pump and dumpers used dark exchanges to do the manipulation....     CSE CSE Other exchanges Other exchanges   Trades Volume Trades Volume Mar 03/23  ...more  
Comment by peppesilver57 on May 01, 2023 11:06am
4 now MJ sector unloved. When the sun shines again one day, the love will return, and thats when u sell.  Accumulate when there is no love, Not finacial advice just opinions. glta.
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities