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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 Destro65on Apr 12, 2022 10:08am
57 Views
Post# 34596618

RE:3 Reasons Cannabis Sin Stocks Stay Strong in Volatile Market

RE:3 Reasons Cannabis Sin Stocks Stay Strong in Volatile MarketHigher energy costs are going to cause quite a bit of damage to XLYs financials. Growing bud in Canada is energy intensive. https://www.motherjones.com/environment/2022/01/canopy-growth-esg-canada-cannabis-farming-indoor-carbon-emissions-footprint-energy-intensive/ But making liquids and distillates are even more energy intrnsive. Margins were already tiny. They will be gone soon.
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