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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 05, 2020 1:21pm
143 Views
Post# 30771284

RE:XLY sales in NB

RE:XLY sales in NBI checked the Cannabis NB and OCS sites again last night.  OCS was previously complettly sold out of XLY products, but they had three in stock last night, one is already sold out again.
For Cannabis NB that bought more product from XLY since I posted on Tuesday.  There were 5 products completely sold out across NB and two of those product now had about 1500 packs between them.  So that mean more product shipping for at least those two products, and possible more.  Dispite adding at least 1500 packs of product to shelves over the past two day total inventories only rose from 7100 to about 7300.
These means that retailors in NB sold minimum of 1300 packs of XLY produts over two days.
Once again I relieze these numbers are not huge, we are talking about $10,000 in retail sales in two days across 20 stores.  The 1300 packs in probably about $5000 in wholesale revenue for XLY.  But this is only Soft Chews and Chocolates, I am not looking at oils, capsules, vape products or anything else.  And again 20 stores in NB is only about 3% of the stores in Canada and NB is only about 3% of the population in Canada excluding Quebec where XLY is not currently selling.  

They also have over 2100 vape products on shelves in NB which retail for $50-70

fumbles wrote: XLY continues to ship product accross NB.  Currently there are about 7100 packages of XLY products on shelves at 20 stores accross NB plus the online outlet.  About 5000 chocolate and 2100 soft chew products.  Five of thier thirteen products are sold out completely with several other products sold out in some of the stores.
Looking forward to Q1 results at the end of May and hoping for some initial Q1 sales numbers at the end of March with Q4 financials are released.


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