Adastra Holdings Ltd.

Toronto, Ontario--(Newsfile Corp. - 31 August 2021) Phyto Extractions Inc. hat eine Namensänderung in Adastra Holdings Ltd. Die Aktien werden unter dem neuen Namen und mit einer neuen CUSIP-Nummer am 1. September 2021 gehandelt.

und der Zock mit Adastra scheint auch vorbei zu sein. Der Vertrag mit dem Börsenbrief ist auch ausgelaufen, Totenstille herrscht um Adastra Labs. Selbst das Unternehmen vermeldet so gut wie keine neuen Fortschritte.

Adastra Near-Doubles Quarter on Quarter Revenue and Reports Financial Results for the Q3 2020 Monday, December 14, 2020 7:00 AM Share this article now Topic: Company Update LANGLEY, BC / ACCESSWIRE / December 14, 2020 / Adastra Labs Holdings Ltd. (CSE:XTRX)(FRANKFURT:D2EP) ("Adastra") a Health Canada Licensed cannabis processing and analytical testing services Company, is pleased to announce its financial and operating results for the third quarter financial results for the period ended September 30, 2020. Key Financial Highlights Gross revenue increased year-over-year from $Nil in Q3 2019 to $1.25 million in Q3 2020 Quarter-over-quarter gross revenue increased 190% to $825 thousand in Q3 2020 Gross revenue was improved by the continuing relationship with CannMart Inc., combined with our biomass agreement with Pure Sunfarms which allows for a steady supply of quality input material. Adastra ended the quarter with a total cash balance of $2.3 million A non-brokered private placement for gross proceeds of $3.49 million was completed in Q3 2020 Cash outflows for capital expenditures in the quarter were $1.2 million, compared to $595 thousand in Q2 2020 Capital expenditures primarily consisted of the acquisition of an EV-Mass Cryo-Ethanol extractor system from Evolved Extraction Solutions Capital expenditures for the remainder of fiscal 2020 are expected to consist of its hydrocarbon extraction expansion plan which will include the ETS MeP XT70 system from ExtractionTek Solutions. Operating expenses, increased to $3.7 million from $553 thousand in Q2 2020, driven by an increase in share-based payments, professional fees and consulting, and advertising and promotion. These costs are as a result of the increased activity and implementation of Adastra's planned operation model in Q3 2020 and are expected to be more fully reflected in Q4 2020.... https://www.accesswire.com/620635/Adastra-Near-Doubles-Quarter-on-Quarter-Revenue-and-Reports-Financial-Results-for-the-Q3-2020

"We are pleased to announce a cannabis processing agreement with Solargram, a high-quality cannabis cultivator in New Brunswick."- Andy Hale, @AdastraCEO. Read the press release here: https://t.co/HV4IsVlhXz $XTRX https://t.co/sJrcfT6x97