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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 Pencilpushon Nov 30, 2020 9:59am
96 Views
Post# 31999610

RE:What’s the verdict

RE:What’s the verdict Going to last a reply from some. On yahoo thought ppl
is this true who been keeping up with financials about this? If so is it just them being cautious or we in trouble?
 So they reported am instead of pm. Everyone needs to read that last post by mstr and absorb its sober meaning. Dropped is EBIDTA positive next year replaced by uncertainty on operational capital and sustainability (code for we are and will remain to be in trouble). Earnings better. Operations over 17 million and earning 13.4. Yet borrowing 12 million. Those ducks don't line up. But at least we now know from actual forward guidance that this is a pure gamble.
Lest we not forget we are 2/3rds through Q4 being closed. Therefore they would know how sales are going with full robinsons mixed into the numbers, and now there is uncertainty in sustainability and profitability. Pumpers feel free to believe what you want. Auxly has just shifted the ground on you and in a few short weeks EBIDTA positive next year is officially dropped, and in its place is uncertainty on sustainability and viability.
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