Adastra Holdings Announces New Director
Adastra Holdings (CSE: XTRX) has appointed Mark Qvist to its board of directors, effective February 28, 2025. Qvist brings over 25 years of experience in geotechnical, environmental, and botanical sectors. He currently serves as CEO of Life Cycle Botanics, a premier nursery he founded in 2019 that supplies plant genetics to licensed producers across Canada.
Prior to this, Qvist co-owned On Track Drilling, where he enhanced specialized drilling operations, strengthened regulatory compliance, and drove strategic business development. He replaces Andrew Hale, who resigned as director on February 14, 2025.
Adastra Holdings (CSE: XTRX) ha nominato Mark Qvist nel suo consiglio di amministrazione, con effetto dal 28 febbraio 2025. Qvist porta con sé oltre 25 anni di esperienza nei settori geotecnico, ambientale e botanico. Attualmente è CEO di Life Cycle Botanics, un vivaio di prestigio che ha fondato nel 2019 e che fornisce genetica vegetale a produttori autorizzati in tutto il Canada.
Prima di questo, Qvist è stato co-proprietario di On Track Drilling, dove ha migliorato le operazioni di perforazione specializzata, rafforzato la conformità normativa e guidato lo sviluppo strategico del business. Sostituisce Andrew Hale, che si è dimesso da direttore il 14 febbraio 2025.
Adastra Holdings (CSE: XTRX) ha nombrado a Mark Qvist en su junta directiva, con efecto a partir del 28 de febrero de 2025. Qvist aporta más de 25 años de experiencia en los sectores geotécnico, ambiental y botánico. Actualmente es CEO de Life Cycle Botanics, un vivero de primer nivel que fundó en 2019 y que suministra genética de plantas a productores autorizados en todo Canadá.
Antes de esto, Qvist fue copropietario de On Track Drilling, donde mejoró las operaciones de perforación especializadas, fortaleció el cumplimiento normativo y promovió el desarrollo estratégico del negocio. Reemplaza a Andrew Hale, quien renunció como director el 14 de febrero de 2025.
Adastra Holdings (CSE: XTRX)는 Mark Qvist를 이사회에 임명했습니다. 임기는 2025년 2월 28일부터 시작됩니다. Qvist는 지반공학, 환경 및 식물학 분야에서 25년 이상의 경험을 가지고 있습니다. 그는 현재 2019년에 설립한 Life Cycle Botanics의 CEO로 재직 중이며, 이 회사는 캐나다 전역의 면허를 가진 생산자에게 식물 유전자를 공급합니다.
이전에 Qvist는 On Track Drilling의 공동 소유주로서 전문 드릴링 작업을 개선하고 규제 준수를 강화하며 전략적 사업 개발을 추진했습니다. 그는 2025년 2월 14일 이사직에서 사임한 Andrew Hale를 대신합니다.
Adastra Holdings (CSE: XTRX) a nommé Mark Qvist au conseil d'administration, à compter du 28 février 2025. Qvist apporte plus de 25 ans d'expérience dans les secteurs géotechnique, environnemental et botanique. Il est actuellement PDG de Life Cycle Botanics, une pépinière de premier plan qu'il a fondée en 2019 et qui fournit des génétiques de plantes à des producteurs agréés à travers le Canada.
Avant cela, Qvist était co-propriétaire de On Track Drilling, où il a amélioré les opérations de forage spécialisées, renforcé la conformité réglementaire et stimulé le développement stratégique des affaires. Il remplace Andrew Hale, qui a démissionné de son poste de directeur le 14 février 2025.
Adastra Holdings (CSE: XTRX) hat Mark Qvist in seinen Vorstand berufen, der am 28. Februar 2025 in Kraft tritt. Qvist bringt über 25 Jahre Erfahrung in den Bereichen Geotechnik, Umwelt und Botanik mit. Derzeit ist er CEO von Life Cycle Botanics, einer renommierten Baumschule, die er 2019 gegründet hat und die Pflanzengenetik an lizenzierte Produzenten in ganz Kanada liefert.
Vorher war Qvist Mitinhaber von On Track Drilling, wo er spezialisierte Bohroperationen verbesserte, die Einhaltung von Vorschriften stärkte und die strategische Geschäftsentwicklung vorantrieb. Er ersetzt Andrew Hale, der am 14. Februar 2025 als Direktor zurückgetreten ist.
- New director brings 25+ years of relevant industry experience
- Director has proven leadership track record in cannabis sector as CEO of Life Cycle Botanics
- Expertise in regulatory compliance and business development
- None.
Langley, British Columbia--(Newsfile Corp. - March 3, 2025) - Adastra Holdings Ltd. (CSE: XTRX) (FSE: D2EP) ("Adastra" or the "Company"), a leading cannabis processor and producer of two top Canadian concentrates brands with a focus on product innovation and commercialization for adult-use and medical markets, is pleased to announce the appointment of Mark Qvist as a member of its board of directors, effective February 28, 2025.
Mr. Qvist has over 25 years of experience in the geotechnical, environmental and botanical sectors. Mr. Qvist currently serves as the Chief Executive Officer of Life Cycle Botanics Ltd. ("Life Cycle Botanics"), a premier nursery he founded in 2019. Under his leadership, Life Cycle Botanics has established itself as a trusted provider of high-quality plant genetics, supporting licensed producers across Canada. Prior to founding Life Cycle Botanics, Mr. Qvist co-owned On Track Drilling Inc. ("On Track Drilling"), a geotechnical and environmental drilling company, where he led On Track Drilling's growth and advancement by enhancing specialized drilling operations, strengthening regulatory compliance, and driving strategic business development. His leadership played a key role in expanding On Track Drilling's capabilities and its reputation within the industry. Mr. Qvist's diverse background in business operations, sustainability, and regulated industries positions him well to positively impact the Company towards continued success.
Mr. Qvist replaces Andrew Hale on Adastra's board of directors. On February 14, 2025, Mr. Hale resigned as a director, as previously announced in a news release dated February 3, 2025.
About Adastra Holdings Ltd.
Adastra has become one of Canada's leaders in the supply and manufacturing of ethnobotanical and cannabis products for lawful adult-use. It serves medical markets and engages in forward-looking therapeutic applications. With cannabis concentrate products sold through retailers at more than 2,000 locations across Canada, Adastra's Phyto Extractions and Endgame Extracts brands are now well established with a growing distribution presence. As a Health Canada licensed facility, it specializes in extraction, distillation and manufacturing of a range of cannabis-derived products. Adastra partners with healthcare professionals and practitioners within the regulated environment to create products suitable for the medical cannabis market, with the ultimate aim of addressing the needs of patients. For more information, visit: www.adastraholdings.ca.
For additional information, please contact:
(778) 715 5011
info@adastraholdings.ca
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/243006
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