• Adastra Holdings (XTRX) has signed co-manufacturing agreements to produce pure hydrocarbon-extracted concentrate products
  • Adastra is rapidly scaling its production facility to meet the growing demand for hydrocarbon-based products
  • CEO Michael Forbes sat down with Shoran Devi to discuss the news
  • Adastra is a manufacturer and supplier of innovative ethnobotanical and cannabis science products designed for the adult-use and medical markets
  • Adastra Holdings Ltd. (XTRX) opened trading at C$0.81 per share

Adastra Holdings (XTRX) has signed co-manufacturing agreements to produce high-potency, pure hydrocarbon-extracted concentrate products.

These agreements allow Adastra to expand its portfolio of brand partners and brings Adastra closer to exceeding its goal of $5 million per month in sales by summer 2022.

Adastra is also rapidly scaling its production facility to meet the growing demand for hydrocarbon-based products and to capitalize on its recently announced dried flower sales license. 

CEO Michael Forbes sat down with Shoran Devi to discuss the news.

Formerly known as Phyto Extractions Inc., Adastra is a leading manufacturer and supplier of innovative ethnobotanical and cannabis science products designed for the adult-use and medical markets. 

Adastra Holdings Ltd. (XTRX) opened trading at C$0.92 per share.

More From The Market Online

@ the Bell: Stocks level-out ahead of Easter long weekend

A rebound in oil prices and growth in metal prices helped push Canada’s main stock index higher as investors await economic data.
Bitcoin and cryptocurrency investing concept

U.S. spot Bitcoin ETFs are live – what happens to Canada’s crypto ETFs?

Three since the first spot Bitcoin ETF was introduced in Canada, these funds are finding formidable competition from U.S. counterparts.

Tilray’s Breckenridge Brewery honours Denver Nuggets with new ale

Tilray Brands (TSX:TLRY) subsidiary Breckenridge Brewery launches a new ale to recognize the 2023 NBA championship-winning Denver Nuggets.