RE:RE:RE:Doesn't Auxly has some of the best Vapes in the business ?? Auxly's vapes are the best in function and flavours.
Period!
No holds barred!!
The problem is they are one of the highest taxed products on the market and reducing taxation on high thc products like vapes and shatter is not even a remote possibility at this juncture.
Here's the short version of events for ya. Auxly, along with a long list of other legitimate Canadian LP's and their shareholders played by the rules and abided by all regulations at all levels of government. In return they got royally faaaakkkkked in the azzzz for it.
The damage inflicted by multiple levels of government each with multiple levels of taxation has rendered an entire industry completely unprofitable.
A 50:1 share consolidation for Auxly will open the door for further institutional investment and resulting dilution of existing share value along with further degradation which will occur through derogatory price manipulation as banks and brokers short the shyte out of it until they drive it into complete annihilation as the stock price reaches sub-atomic levels.
https://auxly.com/wp-content/uploads/2024/05/Notice-of-Meeting-and-Managment-Information-Circular.pdf
Auxly shareholders are left to make a dismal choice with no positive upside.
Auxly used to produce some of the best chocolate cannabis products as well but that just wasn't profitable either. What a shame it is when something wonderful turns into......
Something less wonderful.
Time to enjoy the last of the Strawberry Cheesecake White Chocolates I have stashed in cold storage.
cheers