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...
Source: finanznachrichten.de