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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

Comment by UniqueKittyon Sep 03, 2020 10:43am
159 Views
Post# 31501327

RE:RE:Ontario Retail Outlets Increase

RE:RE:Ontario Retail Outlets Increase

All mj is seriously depressed right now. Something that will drive the entire industry and bring it back on trend is what it's going to take. The U.S. election could raise the level of discussion. Maybe if Mexico gets it together. The discussion for full legal in the UK could heat things up. Just thoughts.

In my mind though, for Auxly nothing overrides the need to scale up production, cut costs and improve margins at this time. Can't sell more if it's not in the store and the number of stores is increasing.

When is the Dosecann expansion expected to complete?

Maybe prudent for management to tweak their management incentive plan, as well. Dial it back a bit. That might sit well with shareholders, especially the ones that have been here a while. maybe 

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