Adastra Labs Holdings Ltd. (CSE: XTRX, OTC: GMGLF, Forum) announced on Wednesday that it had entered into an agreement with a majority owned subsidiary of
Namaste Technologies Inc. (TSX-V: N) -
CannMart Labs Inc. - to supply cannabis extract and concentrate products. Under the agreement, Adastra will deliver cannabis extract and concentrate to Namaste's family of products.
The BC-based Cannabis Company also gave an update for investors around the impact of the COVID-19 coronavirus pandemic on its current operations. As part of an essential service, cannabis, Adastra has moved to have its employees work from home where possible, while others adhere to strict health and wellness operating procedures. The Company reported no known cases of COVID-19 at its office or facility in Langley.
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As a provider of same-site Health Canada Licensed cannabis processing and analytical testing services, Adastra recently secured
a Standard Processing licence under the Cannabis Regulations by Health Canada.
FULL DISCLOSURE: Adastra Labs Holdings Ltd. is a client of Stockhouse Publishing.