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Auxly Cannabis Group Inc T.XLY

Alternate Symbol(s):  CBWTF

Auxly Cannabis Group Inc. is a Canada-based consumer packaged goods company in the cannabis products market. The Company is focused on developing, manufacturing and distributing branded cannabis products. The Company's brands include Parcel, Back Forty, Foray, Dosecann and Kolab Project. It provides various products, including vaporizers, edibles, dried flowers, pre-rolls, capsules and oils and concentrates. The Company's subsidiaries include Auxly Charlottetown Inc., Auxly Ottawa Inc., Auxly Annapolis Inc., Auxly Annapolis OG Inc., and Auxly Leamington Inc.


TSX:XLY - Post by User

Bullboard Posts
Comment by Investorpigson Jun 06, 2018 1:17pm
85 Views
Post# 28133256

RE:RE:RE:RE:Name Change

RE:RE:RE:RE:Name Change
KLownHouSER wrote: Haha understood -   Just a name change. No halt .   You might have to place your trade over the phone. But you ll be able to trade.     

Haha- but Cbw isn’t running up to the vote like every other mj stock.    



Investorpigs wrote:
KLownHouSER wrote: Sell the news???  Hahaha

did we just rally?

Market is less than stoked on Auxly 

wtf boys?

The stock is freely trading hombre. -  the only trap is psychological 


Investorpigs wrote: They plan to change their name Friday right? The day after the vote. Now normally after a name change it takes 2-4 days for the brokers to catch up to the change (happening with MRS right now). Everyone is essentially trapped in the stock unable to sell or buy until the broker catches up with the change. I’m wondering if that’s why they picked that date? Now is this good or bad? Good because no one can sell the news but bad because only limited amount of people can buy. Thoughts?

 


Re read what I posted. Not this crappy name change news. CBW will be unable to trade for 2-4 days through your online broker for most people starting Friday. Friday is also the day after the vote (expected to be a big rally Friday). Do you understand now?




It isn’t running up today like the others but I think most are expecting the big run Friday. Today’s sell off could be due to the timing of the name change. If people were expecting a nice jump Friday, they may have bought in for a quick swing or planned to use the expected rally Friday to exit the stock. Now that they won’t be able to trade without calling in on Friday maybe they moved to a different weed stock?
Bullboard Posts