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Adastra Expands to Provide BHO while Inking Terms with Phyto Extractions as the Brands Quarter on Quarter Revenue Doubles in Q3 2020

Adastra Expands to Provide BHO while Inking Terms with Phyto Extractions as the Brands Quarter on Quarter Revenue Doubles in Q3 2020 – IT Business Net

Adastra Labs Holdings Ltd.: Adastra Expands to Provide BHO while Inking Terms with Phyto Extractions as the Brands Quarter on Quarter Revenue Doubles in Q3 2020

(2) LANGLEY, BC / ACCESSWIRE / December 23, 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 the signing of a term sheet for the acquisition of Phyto Extractions Brands ( Phyto Extractions ) and permitting of its hydrocarbon extraction expansion. Further to its news release on October 7, 2020, Adastra has signed a term sheet with a BC-based company for the acquisition of the Phyto Extractions set of cannabis concentrates brands. The term sheet is non-binding and negotiation is currently underway for a definitive agreement for the acquisition of all of the assets of the private company.