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Bullboard - Stock Discussion Forum 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... see more

TSX:XLY - Post Discussion

Auxly Cannabis Group Inc > Anyone know how many Millions we lost on the failed SA Hemp
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Post by predawn on Jul 05, 2020 2:10pm

Anyone know how many Millions we lost on the failed SA Hemp

how many millions do we end up losing on the failed South America Hemp farm?
Comment by JaCkSnap on Jul 05, 2020 2:17pm
Failed? I says pardon..they have 40,000kg of stored Hemp Biomass that they will be selling. 
Comment by WeedWarrior420 on Jul 05, 2020 2:25pm
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Comment by predawn on Jul 05, 2020 3:49pm
sorry but XLY shut down all operations in the south american plant last week shes toast ;;;;;;according to the deep dive ;;;;
Comment by predawn on Jul 05, 2020 3:51pm
It appears Uruguay may not have the perceived demand for hemp that many expected. Auxly Cannabis (TSXV: XLY) announced this morning that the company would be halting its cultivation activities at its 80% owned Inverell S.A. subsidiary, along with pulling back domestic cultivation of cannabis as a means of cutting costs. The halting of cultivation activities within the Latin ...more  
Comment by CrystalGreen on Jul 05, 2020 5:51pm
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Comment by CrystalGreen on Jul 05, 2020 6:12pm
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Comment by charlottesweb on Jul 06, 2020 1:16am
No money wasted ???!  You mean revenue generated. This was a complete loss with millions wasted or burried ! listen to crystal meth pumping and you’ll be sorry.  Youve been warned 
Comment by CrystalGreen on Jul 06, 2020 3:01am
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Comment by charlottesweb on Jul 06, 2020 12:43pm
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Comment by RoguesGallery on Jul 06, 2020 3:15pm
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Comment by buddyt on Jul 05, 2020 6:08pm
what do they do with the hemp? can they store it?
Comment by JaCkSnap on Jul 05, 2020 4:50pm
you can try and drive the price down all you want.  They are postponing the grow this year until regulations from the Uruquay catch up.  Uruguay is the first nation to have legalized Cannabis. But in the interim they have 43000kg to sell.  They dont' need more right now. :)
Comment by predawn on Jul 05, 2020 9:22pm
LOL you A$$holes can try and spin it any way you want they aint shutting down because the sales are through the roof the sales are through the floor  40000KG sitting there and no market killed the SA deal ;;;;;;
Comment by WeedWarrior420 on Jul 05, 2020 2:42pm
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