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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 fumbleson Mar 04, 2020 7:31am
125 Views
Post# 30764289

RE:It’s when, not if, Auxly goes belly up.

RE:It’s when, not if, Auxly goes belly up. If you want to talk about cash burn you have to actually look at and understand the financial statements.  Much of the cash burn is because of the build costs.  These costs stops once the builds are complete.  Burn rate for ongoing expenses will be much lower than what is seen now. 
Bullboard Posts