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JOYN Botanicals Ltd.: JOYN Botanicals Signs Joint Venture Agreement with Cannabis Processor Adastra Labs, to Manufacture and Bring Solucann Powder to Cannabis 3.0 Market - Vimarsana News

JOYN Botanicals Ltd.: JOYN Botanicals Signs Joint Venture Agreement with Cannabis Processor Adastra Labs, to Manufacture and Bring Solucann Powder to Cannabis 3.0 Market

JOYN Botanicals Ltd.: JOYN Botanicals Signs Joint Venture Agreement with Cannabis Processor Adastra Labs, to Manufacture and Bring Solucann Powder to Cannabis 3.0 Market Gluten free Under the terms of the Joint Venture Agreement, Adastra and JOYN will create a combined entity to leverage the Solucann technology across the Canadian marketplace. Key objectives of the partnership include developing and bringing to market Solucann products that have broad applicability to the CPG segment. "We at JOYN Botanicals are excited about the opportunity to work with Adastra to bring our Cannabis 3.0 Soluc...

Adastra Labs Holdings Ltd.: Adastra Signs Joint Venture Agreement with JOYN Botanicals to Solidify Cannabis 3.0 Edible and Beverage Technology Partnership - Vimarsana News

Adastra Labs Holdings Ltd.: Adastra Signs Joint Venture Agreement with JOYN Botanicals to Solidify Cannabis 3.0 Edible and Beverage Technology Partnership

(2) LANGLEY, BC / ACCESSWIRE / December 18, 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 it has signed a joint venture ("JV") agreement with JOYN Botanicals Ltd. ("JOYN") for the exploitation of JOYN's patent-pending soluble cannabis powder. Joint Venture Terms Under the terms of the JV agreements, Adastra and JOYN have incorporated Solucann Holdings Ltd. ("Solucann Holdings") in an equal equity ownership shareholder agreement. JOYN has exclusively licensed ...

Adastra Labs Holdings Ltd.: Adastra Near-Doubles Quarter on Quarter Revenue and Reports Financial Results for the Q3 2020 - Vimarsana News

Adastra Labs Holdings Ltd.: Adastra Near-Doubles Quarter on Quarter Revenue and Reports Financial Results for the Q3 2020

Adastra Labs Holdings Ltd.: Adastra Near-Doubles Quarter on Quarter Revenue and Reports Financial Results for the 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 th...