Adastra Holdings (CSE:XTRX, FRA:D2EA) Ltd, formerly known as Phyto Extractions Inc, said its Phyto Extractions branded concentrate products are now listed for sale in Canada’s Yukon territory.
With this expansion, Phyto Extractions products are available in five provinces and one territory across Canada.
“We have made significant progress growing our domestic cannabis distribution, and we expect to increase our national position in the short-term as we continue discussions with other private and government-regulated retailers across the country,” Adastra Holdings (CSE:XTRX, FRA:D2EA) chief operating officer Donald Dinsmore said in a statement.
READ: Adastra Holdings completes acquisition of Phyto Extractions
“The first fulfilled P.O. (purchase order) shipped to the Yukon on August 16 and sold out within weeks,” Dinsmore added.
The company noted the Yukon expansion is the first since Adastra acquired the Phyto Extraction brand and intellectual property in mid-September.
Adastra added that it intends to leverage its proven product development expertise, coast-to-coast sales force, and existing relationships with more than 1,400 retail stores across Canada to drive growth and profitability for an expanded portfolio of Phyto Extractions branded products.
Adastra Holdings (CSE:XTRX, FRA:D2EA) is a leading manufacturer and supplier of innovative ethnobotanical and cannabis science products designed for the adult-use and medical markets and forward-looking therapeutic applications.
Contact Sean at sean@proactiveinvestors.com