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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 concentrates. The Company also conducts wholesale bulk sales of dried cannabis to various licensed producers in Canada. Its subsidiaries include Auxly Charlottetown Inc., Auxly Ottawa Inc., and Auxly Leamington Inc. The Company’s primary Cannabis 2.0 Product development, manufacturing and R&D activities are conducted by its subsidiary Auxly Charlottetown Inc. at a cannabis processing facility located in Charlottetown, Prince Edward Island. Auxly Ottawa Inc. holds licenses for cultivation and processing and conducts the Company’s primary dried flower and pre-roll manufacturing.


TSX:XLY - Post by User

Bullboard Posts
Post by Nofthe49thon May 16, 2017 9:54am
156 Views
Post# 26248959

How much financing will CBW need to fund their deals?

How much financing will CBW need to fund their deals?Seeing as CBW is not forthcoming on disclosure I thought I'd take a whack at estimating their financing needs. BTW I find it amazing that the mining industry is now subject to very close scrutiny when they say anything about the operations and exploration and these guys just say stuff.

So anyway from yesterday's teaser 242,000 kg of cannabis goes to CBW. How much financing will CBW requite for this? Not much to go on other than the HVST details that PanCann released previously.

To get 18,000kg from HVST it seems, but is not perfectly clear, that CBW will pony up $20,000,000. That's about $1,100/kg. So to fully fund 242,000kg will require an investment of around $260,000,000. Yea this ignores some that have equity interests and is kind of pa rimitive approach but I was just having some fun with the sketchy details available and this is my guess until CBW actually provides meaningful news.
Bullboard Posts