Adastra Holdings Announces Record Single Purchase Order For Over $1M

Adastra Holdings Ltd., a leading cannabis processor based in Langley, BC, reported a groundbreaking development with its receipt of a single purchase order valued at CAD $1,047,439 from the Alberta Gaming, Liquor & Cannabis (AGLC). This marks the highest individual order in the company’s history, featuring products from their esteemed Endgame Extracts brand. This achievement underscores Endgame’s strong market presence in Alberta, home to several top-selling concentrate and vapor pen brands.

In parallel with this financial milestone, Adastra also announced the resignation of CEO Michael Forbes, effective March 29, 2024. Forbes, who has significantly contributed to Adastra's revenue growth and operational scaling since April 2021, will depart to focus on other ventures within the cannabis and health sectors. The company expressed appreciation for Forbes' leadership and is in the process of appointing a new CEO. Forbes emphasized his commitment to ensuring a smooth transition, reflecting on the purchase order as a highlight of his tenure and expressing confidence in Adastra's future trajectory.