Adastra Labs Hldgs
- Company typePublic
- Founded2017
- HeadquartersLangley, Canada
- Headcount11–50
- GTM typeB2B
- OfferingServices
Adastra Labs Hldgs firmographics
Firmographics- Name
- Adastra Labs Hldgs
- Legal name
- Adastra Holdings Ltd.
- Website
- https://adastralabs.ca
- Company type
- Public
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Adastra Labs Hldgs industry classification
Industry- Product category
- Cannabis Extraction Services
- NAICS
- Testing Laboratories and Services (541380)
- SIC
- Medicinal Chemicals & Botanical Products (2833), Services-Testing Laboratories (8734)
- akta.pro primary industry
- Quality Management & Regulatory Compliance (CLIA/CAP/ISO) for Labs (HLACAMAH)
- akta.pro secondary industries
- Drug & Alcohol Testing Coordination (BPACALAE), Sample Logistics, Biorepository & IVD Kit Management (Trial Support) (HLAGAEAI)
Keywords
Where Adastra Labs Hldgs is headquartered
LocationHeadquarters
- HQ city
- Langley
- HQ country
- Canada
- HQ region
- North America
Offices1 record
Markets served
Adastra Labs Hldgs business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Supply Chain
Revenue model
- Cannabis Extract Processing: Processing services for cannabis cultivators and product formulators using cryoethanol and hydrocarbon extraction methodologies. Revenue generated through processing fees for extraction services and finished extract products.
- Asset Sales and Lease Arrangements: Sale of extraction equipment with lease-back arrangements, generating one-time proceeds and recurring lease income
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
Adastra Labs Hldgs product offering
Product offeringCore offering
Adastra Labs Holdings operates a cannabis extraction and processing business producing trusted, quality cannabis extracts using cryoethanol and hydrocarbon extraction methodologies. It serves licensed cannabis cultivators and product formulators from a purpose-built 13,500 sq ft facility in Langley, BC, and integrates in-house analytical testing and consulting through its co-located Chemia Analytics licensed cannabis testing lab to ensure compliance and quality.
Product overview
Adastra Labs Hldgs operates as a cannabis extraction company offering cryoethanol and hydrocarbon extraction and processing services. The company provides a unified service offering combining extraction capabilities with in-house analytical testing through Chemia Analytics, a licensed cannabis testing and consulting lab. Located in a purpose-built 13,500 sq ft facility in British Columbia, Adastra delivers quality cannabis extracts to cultivators and product formulators, emphasizing the combination of scientific expertise and industry know-how.
Differentiator
Problem solved
Functional benefit
Products and services
- Adastra Labs Cannabis Extraction Services
- Chemia Analytics Cannabis Testing and Consulting
Companies that use Adastra Labs Hldgs
Customer profileSegments2 records
Ideal customer profiles1 record
Adastra Labs Hldgs technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Adastra Labs Hldgs partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- PerceiveMDcoreAcquired PerceiveMD, a multidisciplinary cannabis and psychedelic therapy center, for $2.3 million through a share purchase agreement. The acquisition aimed to position Phyto Extractions (formerly Adastra Labs Holdings) as a leader in drug development and patient care involving cannabis and psychedelics. Note: PerceiveMD was subsequently sold back in November 2024.
- Chemia AnalyticscoreStrategically co-located in-house cannabis testing and consulting lab. The partnership enables Adastra to provide efficient, experienced service to partners while ensuring products meet expectations and exceed compliance and quality standards.
Scale indicators5 records
Recent moves8 records
Expansion highlights3 records
Adastra Labs Hldgs competitors and assessment
Company assessmentBroad incumbents
- Aurora Cannabis: Large Canadian cannabis producer with proprietary cultivation and in-house processing/extraction infrastructure — relevant incumbent shaping both demand for outsourced processing and competitive capacity.
- Canopy Growth Corporation: Major Canadian cannabis producer with significant in-house extraction, formulation, and processing operations; represents the type of vertically-integrated customer Adastra's B2B processing model depends on.
- OrganiGram Holdings: Canadian licensed cannabis producer with in-house extraction and processing capabilities at significantly larger scale — sets the competitive benchmark for quality and unit economics Adastra must match.
- Cronos Group: Canadian cannabis operator with processing and formulation capabilities spanning extracts, pre-rolls, and edibles — relevant broad incumbent in the same product/market category.
- Tilray Brands: Large vertically-integrated Canadian cannabis operator with extraction, processing, and distribution across medical and adult-use channels — comparable broad incumbent that affects Adastra's addressable customer base.
Direct peers
- SC Labs: Licensed cannabis analytical testing laboratory providing potency, terpene, and contaminant testing — directly comparable to Chemia Analytics' testing offering within the broader Adastra stack.
- The Valens Company (now SNDL-owned): Canadian cannabis extraction and formulation company offering white-label processing, analytical services, and finished product manufacturing — directly comparable B2B services with integrated lab capabilities akin to Chemia Analytics.
- MediPharm Labs: Canadian B2B cannabis extraction specialist using ethanol and hydrocarbon methods to produce distillates and concentrates for licensed producers — closest direct comparable to Adastra's cryoethanol/hydrocarbon processing model.
- MCR Labs: Independent licensed cannabis testing lab serving cultivators and processors in Massachusetts with similar compliance, potency, and contaminant testing services — directly comparable testing peer.
Emerging players
- Auxly Cannabis Group: Canadian cannabis company with branded product focus and third-party processing relationships — emerging peer with overlapping outsourced-processing dynamics despite smaller scale.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks7 records
Key highlights6 records
Customer concentration
Adastra Labs Hldgs financial estimates
Financial estimateRevenue estimate
Valuation estimate
Adastra Labs Hldgs leadership team
Management profileNumber of profiles
Adastra Labs Hldgs subsidiaries and ownership
Company hierarchySubsidiaries5 records
Adastra Labs Hldgs funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Adastra Labs Hldgs M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Adastra Labs Hldgs
What does Adastra Labs Hldgs do?
Adastra Labs Holdings operates a cannabis extraction and processing business producing trusted, quality cannabis extracts using cryoethanol and hydrocarbon extraction methodologies. It serves licensed cannabis cultivators and product formulators from a purpose-built 13,500 sq ft facility in Langley, BC, and integrates in-house analytical testing and consulting through its co-located Chemia Analytics licensed cannabis testing lab to ensure compliance and quality.
Is Adastra Labs Hldgs a public or private company?
Adastra Labs Hldgs is a public company. It is classified as public and is currently operating.
When was Adastra Labs Hldgs founded?
Adastra Labs Hldgs was founded in 2017. It employs 11 to 50 people.
Where is Adastra Labs Hldgs based?
Adastra Labs Hldgs is headquartered in Langley, Canada, in the North America region.
How does Adastra Labs Hldgs make money?
Two revenue lines are on record. Cannabis Extract Processing is the primary driver. The others are asset Sales and Lease Arrangements.
Who are Adastra Labs Hldgs's main competitors?
Broad incumbents on record are Aurora Cannabis, Canopy Growth Corporation, OrganiGram Holdings, Cronos Group and Tilray Brands. Direct peers are SC Labs, The Valens Company (now SNDL-owned), MediPharm Labs and MCR Labs. Auxly Cannabis Group is listed as an emerging player.
Does Adastra Labs Hldgs have an API?
No public API is recorded for Adastra Labs Hldgs.
What industry is Adastra Labs Hldgs in?
Adastra Labs Hldgs's product category is Cannabis Extraction Services. Its primary akta.pro industry code is HLACAMAH, Quality Management & Regulatory Compliance (CLIA/CAP/ISO) for Labs, with a secondary code of BPACALAE, Drug & Alcohol Testing Coordination. Its NAICS code is 541380 and its SIC code is 2833.