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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
Comment by bluebeard123on May 29, 2017 6:45pm
151 Views
Post# 26297904

RE:RE:You guys are leaving some information out.

RE:RE:You guys are leaving some information out.The only way this company can survive is to raise enough money to finance the streaming deals. It will have nothing if share price falls below $1.40. Who is going to buy into the offering unless there is 25% discount to the market price? Either management succeeds in hyping this stock or the company goes bankrupt. I don't see any founders putting up a lot of their own money. They were all granted large equity when this was Knightswood. I'll be out of this stock tomorrow regardless of price. It's big con job, maybe the biggest for a startup company on the TSX-V
Bullboard Posts