Auxly Cannabis Group Inc T.XLY

All this for only $0.01 !! Sad actually :(

[1hot-techwoman]

Thought the  CEO of Auxly was more on the ball than this !!! 

 -- Retained the #5 LP position in Canada with a 5.2% share of market and continued to improve sales in the pre-roll segment, one of the fastest growing product categories, finishing the quarter with 3.4% share of market up from 2.9% in the previous quarter1;  -- Back Forty Wedding Pie grew to become the #1 non-infused pre-roll SKU nationally in the quarter1;  -- Successfully streamlined operations by transitioning all remaining dried flower and pre-roll cannabis product manufacturing, processing and distribution activities to Auxly Leamington; and -- Further strengthened the Company's balance sheet by entering into an agreement with strategic partner Imperial Brands to extend the maturity date of the Imperial Brands convertible debenture by two years from September 25, 2024 to September 25, 2026. Not sure what to even say???

[bull_runz]

The only answer for the industry is consolidation.

[UniqueKitty]

With cash and equivalents less than C$8million and falling along with debt in excess of 55% of total equity, Auxly's finances are completely upside down. Sales are down year over year and the entire industry continues to suffer. The sad thing here is a complete and utter lack of support for the legitimate businesses that seek to comply with suffocating regulations as opposed to next to

[SCQuin]

Welcome back, Kitty! Silly me, I keep asking...why does the Trudeau government want the legal industry to fail? Who wins when this happens?