Adastra Signs LOI to Acquire Iconic Legacy Market Phyto Extractions Brands
(World News Science)

LANGLEY, BC / ACCESSWIRE / September 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 Letter of Intent (`LOI`) for the acquisition of Phyto Extractions Brands (`Phyto Extractions`). Adastra entered into an LOI on September 16, 2020 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...