Auxly Cannabis Group Inc T.XLY

Absolutely ridiculous this trades at $0.02 with Book V $0.25

[1hot-techwoman]

Market Cap	$18.2M
Revenue (TTM)	$99.1M
Shares Outstanding	910.1M
Auxly Cannabis Group Inc does not pay a dividend.
Beta	0.71
EPS	$-0.15
Book Value	$0.25

[SCQuin]

There seems to be some unconfirmed new today that the new product "PARCEL" has been launched. Has anyone here seen anything about this? 

[settoretire]

Agree, Auxly is worth way more than presently priced, but we all know that coming back from 2 cents is virtually impossible. This is more relevant than SH might think, especially with the amount of shares outstanding. Wish it weren't so, but one has to be realistic once in awhile. Regardless, I hope everyone has a Happy New Year. Be safe.

[cryptoisascam]

They could sell it off at a loss to book value. It means nothing when that "book value" can't produce profit.

[UniqueKitty]

One word explains the ridiculous SP of Auxly shares right now; 'MANIPULATION'. https://www.sec.gov/files/Market%20Manipulations%20and%20Case%20Studies.pdf Not sure how TD comes up with a 'Book Value' of C$0.25 but I'm pretty sure Auxly is severely undervalued at C$0.02 just the same. That said, almost every Mj LP is trading below book value at this juncture. Even OGI

[SCQuin]

Public solutions to private industry are always problematic. Central Canada screwed the O&G industry and Cannabis looks to be next in line. In the meantime Auxly has earned it's S/P and it seems to be that's the way Hugo wants it. Follow the money as my Italian friend would say.

[SCQuin]

Kitty, Auxly has indicated it's focus on the Canadian market. Thus far, it seems they have not been able to meet demand. In Ontario, Kolab products a sold out and with more 500 employees Auxly is outsourcing production. Access to markets outside of Canada will not help Auxly if they cannot supply the local market.

[1hot-techwoman]

Cheap shares will be coming to an end soon :)

[Bella74]

I like the sound of that, but is there anything in particular that makes you say that?

[SCQuin]

The sound I hear is a sucking sound that has government on the  suction end...until that changes LPs cannot succeed in this country. This was designed to get a government elected now it must be redesigned to to give a fledgling industry a fighting chance...follow the money..

[UniqueKitty]

Can't argue that, SCQuin. Canadian Cannabis Regulations are currently under review and reports are due in mid April, provided the government seeks to abide by legislation timelines. The extended window for First Nations input is scheduled to close January 15, 2023 https://www.newswire.ca/news-releases/government-of-canada-announces-expert-panel-members-conducting-the-legislative

[SCQuin]

April might just be too far away for this train wreck...but thank you for sensible input as always.

[SCQuin]

While the Cannabis Act Review is welcomed by C3, it is incumbent upon the Government of Canada to acknowledge the financial crisis facing Health Canada licensed producers and processors and to make immediate changes that will create a sustainable environment for Canada’s legal cannabis industry,” Smitherman said. “We cannot wait for the outcome of the legislative review process for action from the

[srtman03]

Fully agree bids are way more than whats for sale first off !!  Book value of $0.25...this will not stay here for long!! Adding more as we speak GLTA

[TheNewOldtimer]

The only thing that will raise this SP is a reverse split, probably 1:40 It's coming!

[1hot-techwoman]

100 % :)

[SCQuin]

Cronos Group Inc. and Decibel both posted double-digit monthly sales increases in December, while Auxly Cannabis Group, Hexo and the newly-merged BZAM/The Green Organic Dutchman Holdings Ltd. also increased their sales activity last month.

[TheNewOldtimer]

Hexo has been focussed on cost cutting, also reduced the number of shares out by 14:1 reverse split which will help. As I have mnetioned before XLY will likely need to look at a reverse split as well, way too many shares out, over 900 million, very bloated!

[UniqueKitty]

The entire Mj sector has suffered a relentlessly attacked and subsequently orphaned by Institutional Investors. The result is a complete lack of confidence in the viability of the industry as a whole.  OGI just posted their Q1-2023 results featuring Positive EBITDA of C$5.6 million among a broad list of fundamental gains. The response has raised the SP by 10%? It's not the first time

[SCQuin]

Kitty, check out the post from Atlantic Cultivation on Twitter. "If you thought the Slim style pre-roll machine was cool Check out the automated packaging machine we use for our 10 packs this is the only one in Canada and one of three in the world for cannabis. National program starts now ." Auxly used to have some sort of relationship with Atlantic....but it seems to be lost in the

[UniqueKitty]

  That's how simple a little yet effective informational video can be. It doesn't look quite the same as what Auxly was supposedly intending to install but it's close enough to make you wonder if Atlantic Cultivatirs found it sitting in storage when they bought the Robinsons facilities.   Hmmmm.... lol Auxly's lack of disclosure and social media presence is

[SCQuin]

Auxly cannot even keep their website up to date. Sadly there is negligence and indifference here and what feels like nefarious behavior. Brutal.

[SCQuin]

Kitty...this is from Reddit in reference to Atlantic automation. "I think the equipment is AUXLY’s. AUXLY let them have it since a new one was on it’s way to Leamington. In his video he says there are only 3 in Canada (or was it in the world) and he has one of the three. They also look very much the same as the B40 and KOLAB pre rolls pack of 10."

[UniqueKitty]

  Take a close look at the packaging, SCQuin. It's a flip top with a disposable plastic skin. Auxly's 10packs use a child proof slide out with a resealable inner case.  Not sure Atlantic's packaging would even meet the child proof standard.  Nice clean equipment for old tech. Looks like something ACB was auctioning off a while back. I can't say for sure but I

[1hot-techwoman]

Give me some more at $0.02 please :) GLTA

[srtman03]

110% !!! Looking for Auxly to be bought out By Imperial Brands !!!!

[1hot-techwoman]

Fully agree that could be possibility !! $$$$ Cheap shares are coming to an end soon as sellers are dissappearing.... Cheers :)

[1hot-techwoman]

:)

[1hot-techwoman]

News of buyout coming soon?

[settoretire]

Hopefully at + .85 per Share. Break even.......

[TheNewOldtimer]

You will need about a 40:1 reverse split to reach that in the near future! There will be no buyout at this level.

[1hot-techwoman]

Think Imperial Brands :)

[TheNewOldtimer]

Not with almost 1 billion shares out, a reverse split will be needed prior to any movement IMO

[1hot-techwoman]

Time for some NEWS to get things going !! This is getting little redundant at this level !!!!

[SCQuin]

News!! OCS has the new Auxly milled flower product PARCEL for sale....it is also available in some other Provinces.  It beats the competition on price and quality

[UniqueKitty]

  Despite a plague of CRICKETS everything at $0.025 just got taken out in surge. Go figure... Chirrrp.. chirrp chirp... Bloody CRICKETS !!! cheers

[1hot-techwoman]

LIKE I WAS SAYIN CHEAP SHARES ARE DISSAPEARING...THANKS FOR THE $0.02 SHARES :)

[srtman03]

With Book value of $0.25 somthing has to give !! GLTA

[1hot-techwoman]

Not the time to be selling I can tell you that :)