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Auxly Cannabis Group Inc T.XLY

Alternate Symbol(s):  CBWTF

Healthcare
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

Auxly Cannabis Group Inc > Book Value for Auxly currently stands at $0.10 !!
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Comment by bowmoreon May 17, 2023 3:19pm
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Post# 35453113

RE:RE:Book Value for Auxly currently stands at $0.10 !!

RE:RE:Book Value for Auxly currently stands at $0.10 !! On page 16 in the MDA it is stated that "to address its financing requirements, the company will seek financing through debt and equity financings and non-core asset sales". So more dilution could be the reason that people are dumping their shares.
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