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Adastra Labs Holdings Ltd. Pharmaceuticals Langley, British Columbia followers Cannabis extraction through art & science. Now trading CSE:XTRX. Age Verification – Adastra Labs. Province. – BC AB SK MB ON QB NB NL PEI NB NS NU NWT YT. Submit. Adastra Labs Holdings Ltd. is in the process of becoming a standard cannabis processor and analytical testing laboratory in Canada. The company has applied for its standard processing license. Adastra Labs Holdings Ltd SHARE REGION Canada SIZE 3, sq ft m2 INDUSTRY Industry & QA SERVICES Design & Consultation Casework Package Bench Frames Benchtops Storage – Under Bench Laboratory Equipment – Fume Hoods Storage – Chemicals Adastra Labs Holdings Ltd. is a medicinal cannabis company, which engages.

CSE: XTRX Frankfurt: D2EP ‚ Adastra Labs‘ or the ‚Company is pleased to announce that further to its press release dated March 23, , the Company is proceeding to complete its name change to Phyto Extractions Inc. As part of the process, the Company has changed its name with the corporate registry, and the change will not be finalized with respect of listing and trading until effective April 7, pending compliance with Canadian Securities Exchange ‚CSE‘ filing and effectiveness timelines and to match the effective date of the name change and consolidation for listing and trading purposes.

There will be no change to the Company’s trading symbols. The Company’s consolidation of its common shares will consolidate each 3 current common shares of the Company to 1 post consolidation common share under the New Name. Fractional shares as the result of the consolidation will be rounded up. The record date for the consolidation is April 8, with an effective date of April 7, A copy of the letter of transmittal will also be posted on the Company’s SEDAR profile accessible at www.

Adastra Labs is an agricultural-scale cannabis extraction, distillation and product manufacturer located in Langley, BC at its co-located Health Canada Licensed Standard Processing extraction, no cultivation , Sales extracts, topicals, and edibles and Analytical Testing Laboratory Chemia Analytics facilities. Chemia Analytics is a wholly owned subsidiary of the Company. This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business of the Company.

Forward-looking information is based on certain key expectations and assumptions made by the management of the Company.

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YorkPedia Editorial :- Fraser Valley, British Columbia Mar 17, Issuewire. The parties are also continuing under their agreed exclusivity and freeze period until the closing of the definitive acquisition agreement that is also subject to any required securities exchange approvals. Phyto Extractions products have been available in the regulated Canadian cannabis market since December when they launched 4 SKUs. Since that time, the brand has grown over four-fold to offer 18 SKUs including 0.

Adastra Labs is an agricultural-scale cannabis extraction, distillation, and product manufacturer located in Langley, BC at its co-located Health Canada Licensed Standard Processing and Analytical Testing Laboratory Chemia Analytics facilities. Chemia Analytics is a wholly-owned subsidiary of the Company. The Company now has its ETS hydrocarbon extractor online to produce a variety of extracts, distillate, vape cartridges, live resin and terp sauce branded under Phyto Extractions; with expanded cannabis product lines launching in , subject to receipt of Health Canada sales license addendum s , including: edibles, beverages, bulk distillate, hydrocarbon extracts butter, diamond, live resin, shatter, terp sauce, and wax , flower bags and pre-rolls and topicals that will serve the Canadian medical and adult-use cannabis markets.

On Behalf of the Board of Directors of Adastra Labs Holdings Ltd. Email: scott adastralabs. This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business of the Company.

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CSE:XTRX FRANKFURT:D2EP „Adastra“ a Health Canada Licensed cannabis processing and analytical testing services Company, is pleased to announce it has signed a Letter of Intent „LOI“ for the acquisition of Phyto Extractions Brands „Phyto Extractions“. Adastra entered into an LOI on September 16, with a BC-based company for the acquisition of the Phyto Extractions set of cannabis concentrates brands.

Under the terms of the LOI, Adastra and Phyto Extractions will negotiate the purchase of intellectual property and existing licensing agreements Phyto Extractions Brands has trademarked 21 design and wordmarks associated with their cannabis concentrates and two for CBD-related concentrates in Canada as well as submitted trademark protection in the U. Phyto Extractions brands are licensed through an agreement with CannMart Labs Inc.

CannMart Labs will continue to hold its exclusive license to use Phyto trademarks on certain cannabis products. Under the terms of the agreement, Adastra is the exclusive producer of all distillate products licensed under Phyto Extractions brands, and will also support the production of hydrocarbon concentrates released under the Phyto Extractions family of brands once equipment commissioning has been completed.

The LOI is non-binding and a due diligence period is currently underway which, if successful, will be followed by the negotiation of a definitive agreement for the acquisition of all of the assets of the private company. The terms i. With presence in BC, AB, MB, SK and ON, their brand awareness and demand is growing at a rapid rate. According to Phyto Extractions, sales have doubled over the past three months and sell-through is high, with over 35, 0.

Tremendous brand-equity, consumer support and goodwill have clearly transitioned from the legacy to the regulated market.

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Following the consolidation, the Company anticipates there will be 43,, common shares issued and outstanding. The record date for the consolidation is April 12, , with an effective date of April 9, The financing will be on a private placement or exempt basis to qualified investors, mainly accredited investors. Interested parties can contact the Company for more information and should consult their own independent financial and legal advisors with respect of their interest and potential investment into the Company.

About Adastra Labs Adastra Labs is an agricultural-scale cannabis extraction, distillation and product manufacturer located in Langley, BC at its co-located Health Canada Licensed Standard Processing extraction, no cultivation , Sales extracts, topicals, and edibles and Analytical Testing Laboratory Chemia Analytics facilities. Chemia Analytics is a wholly-owned subsidiary of the Company.

Contact: J. Forward-Looking Information: This news release includes forward-looking information within the meaning of Canadian securities legislation, concerning the business of the Company. Forward-looking information is based on certain key expectations and assumptions made by the management of the Company. Although the Company believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because the Company can give no assurance that they will prove to be correct.

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The Company previously announced on November 4, it had received conditional approval from the Canadian Securities Exchange the ‚CSE‘ to have its shares listed on the CSE. On August 8, the Company issued a comprehensive news release detailing a letter of intent the ‚LOI‘ to enter into a Share Exchange Agreement with Adastra Labs Holdings Ltd. Also as contemplated in the Transaction, effective December 19, the Company changed its name from Arrowstar Resources Ltd.

The securities issued under this debt settlement are subject to a hold period expiring on April 20, in accordance with applicable securities laws. The debt settlement closed post-consolidation of shares. The Share for Share Exchange entered into as of August 1, closed effective December 19, and shares of Adastra totalling 81,, were issued to the former shareholders of Adastra The Private Placement Units are subject to a hold period expiring on April 20, in accordance with applicable securities laws.

The Debenture Units are subject to a hold period expiring on April 20, in accordance with applicable securities laws. Effective December 19, , Andrew Jarvis and Phillip Thomas resigned as directors and officer of the Company and George Routhier and Andy Hale were appointed directors of the Company. Andy Hale was appointed President and Chief Executive Officer of the Company and Stephen Brohman was appointed Chief Financial Officer of the Company.

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Adastra Labs Holdings Ltd. is a Langley, BC-based cannabis company with a co-located Health Canada licensed standard processing facility and analytical testing laboratory. Adastra currently produces cannabis extracts through Supercritical CO2, cryo-ethanol extraction and wiped-film molecular distillation, and will have its hydrocarbon. Adastra Labs Holdings Ltd. is a medicinal cannabis company, which engages in the pharmaceutical grade production of cannabis-related products. The company focuses on the downstream secondary extraction methodology, distillation, and cannabinoid isolation and purification. Westlab was enthused to work in collaboration with Adastra for the manufacture and installation of a fully custom laboratory .

YorkPedia Editorial :- Fraser Valley, British Columbia Mar 23, Issuewire. In conjunction with the Acquisition and recently obtained Health Canada sales license addendum, the Company is conducting an equity unit offering for working capital and to expand the sales and marketing of Phyto Extractions Brands. The parties are also continuing under their agreed exclusivity and freeze period until the closing of the definitive acquisition agreement that is also subject to any required securities exchange approvals.

The financing will be a private placement on an exempt basis to qualified investors, mainly accredited investors. The private placement offering will be on a good efforts basis. The Company will commence the private placement after this news release subject to compliance with applicable law including CSE policies and will close the financing in one or more tranches.

Interested parties can contact the Company for more information and should consult their own independent financial and legal advisors with respect of their interest and potential investment into the Company. As a step towards the acquisition, the Company has reserved to complete its name change to Phyto Extractions Inc.

In the event that the acquisition does not complete, the Company has permission to use its new name and may continue operations under the new name. The Company also intends to effect a consolidation of its common shares by consolidating each 3 current common shares to 1 post-consolidation common shares. The re-branding and consolidation are subject to applicable laws including any exchange policies and conditions.

Phyto Extractions products have been available in the regulated Canadian cannabis market since December when they launched 4 SKUs. Since that time, the brand has grown over four-fold to offer 18 SKUs including 0.

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