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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 Apr 30, 2020 12:34am
184 Views
Post# 30969821

RE:Q4

RE:Q4$2.1million was for the year, for Q4 it was about $1.3million or about $650,000 per week.  That would equal about $8million for a full quarter at that pace for 2.0 product sales.
Many places did not start selling the 2.0 products until January, OSC being the major one, so Q1 pace should be closer to double, which gets us in that $15million range.

Sales numbers are ok and do provide some evidence that $15-20million per quarter for 2020 is very reasonable.
Very dissappointed that with Q1 a full month behind us that they would not give some rough revenue numbers.
I do not see this report moving share price much in either direction
Bullboard Posts