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.

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Auxly Cannabis Group Inc > Inevitable

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Post by settoretireon Oct 27, 2023 11:24am

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Post# 35704096

Inevitable

XLY

Auxly Cannabis Group

XLY

Share Price

7 Day

1 Year

0.01

-16.7%

-68.8%

New major risk - Market cap size

The company's market capitalization is less than US$10m.

Market cap: CA$15.2m (US$11.0m)

This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook.

Currently, the following risks have been identified for the company:

Major Risks

Less than 1 year of cash runway based on free cash flow trend (-CA$7.6m free cash flow).
Share price has been highly volatile over the past 3 months (43% average weekly change).
Earnings have declined by 10% per year over the past 5 years.
Market cap is less than US$10m (CA$15.2m market cap, or US$11.0m).