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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. Its 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 > Pencil is misinformed
View:
Post by NinjaPuppy on Dec 01, 2020 9:02am

Pencil is misinformed

you keep saying they pulled their guidance for positive EBITDA by H1 which is a lie. Open up their investor presentation, pg 23, its right there. The only question with auxly is cash flow. The business is fantastic, they targeted 2.0 sales extremely well and are in first place going up again multiple multi billion dollar companies. They are continuing to expanding dosecann and quintupling the output of their preroll facility. Their push into 1.0 sales will be another huge boost to top line growth. Stop listening to these tater tots pushing misinformation and just go read the stuff yourself. If these guys can manage their cash, they have a serious shot at being the #1 marketshare in the canadian pot industry. If they can pull that off, you think that won't be exported globally as things open up?
Comment by NinjaPuppy on Dec 01, 2020 9:07am
ps none of what I said is a "pump" it's just fact. Pulled straight from investor presentations. Unless your accusation include fraud, just quit it with the "they got nothing for their money" bull They got the #1 marketshare of their target market.
Comment by Pencilpush on Dec 01, 2020 9:19am
Your right it's in their investor deck but not in their ER that's what had me worried. I'm taking info from both sides now not gonna be blinded by only positive post like cannabis Wheaton days. Fact is they are still cash slow negative by a big amount and will possible need to pull more financing. Cherry picking info to constantly show only polices is pumping all day in my books   ...more  
Comment by NinjaPuppy on Dec 01, 2020 9:27am
there's always a downside people. I've never said there wasn't. In almost every post I've said cash flow needs to be managed and you're right, they may need another raise. The upside is why you are here though. You dont buy a 200m market cap company because they might fail, duhhhh if it was obvious that they were going to be massive, they would be massive right now. The risk is ...more  
Comment by Pencilpush on Dec 01, 2020 9:33am
Wasn't speaking of your post jack only cherry picks positive aspects never seen a balanced statement from him always upside that BS in my books  Anyways I'm tried of the argument GL 
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