Sugarbud Enters Toll Processing Agreement with Adastra Labs

Sugarbud Craft Growers (TSXV:SUGR,SUGR.WT) has entered into a toll processing agreement with Adastra Labs Holdings (CSE:XTRX), in which Adastra will supply Sugarbud with processing services for a minimum of 1.2 million grams of dried cannabis flower and trim.

As quoted in the press release:

“Building upon the supply agreement we signed with Adastra in September 2019, we are pleased to be expanding our relationship and look forward to collaborating with the entire team to develop novel value-added inhaled extract formulations and formats to complement our premium dried cannabis products,” stated John Kondrosky, CEO of Sugarbud.

Andy Hale, CEO of Adastra, stated, “This latest agreement further develops our growing partnership with Sugarbud who will provide high-quality cannabis that will be used to create premium extract products. We look forward to our continuing collaboration with the team at Sugarbud.”

Click here to read the full press release.