Phyto Extractions Inc. (CSE:XTRX) (FRA:D2EP) - formerly, Adastra Labs Holdings Ltd. - has announced that it is now producing cannabis shatter products for the Canadian market after wholly-owned subsidiary Adastra Labs Inc.'s commissioning of new hydrocarbon extraction equipment ahead of schedule.
With the arrival of the ExtractionTek Solutions MeP XT70 system, a high-performance hydrocarbon extractor, the team at Phyto Extractions can now process over 400 kilograms (kg) per day of cannabis biomass into a variety of hydrocarbon cannabis concentrate products, the company said.
Focused on shatter production currently, this translates into over 50kg of high-quality product output per day, it added.
READ: Phyto Extractions launches three new Shatter Products, adding to its product line in the burgeoning cannabis extracts market
Phyto Extractions has launched three new shatter cannabis products: Pink Kush, Blue Gorilla OG, and D. Bubba that will serve the over 9 million Canadians currently in the cannabis market with its one-gram offerings.
The company said its increasing market share in the disposable vape, vape cartridge, and live resin markets, strengthens the brand's launch of its new flagship 'shatter' product line.
With relatively few players in the niche of shatter product space in Canada, this market expansion represents a significant opportunity given the forecasted growth of the Cannabis extract market.
Investors can view a video of the shatter via the following link: https://youtu.be/Bo4VWLSAT7o
Contact the author at jon.hopkins@proactiveinvestors.com