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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 fatcharlieon Jun 06, 2017 11:40am
219 Views
Post# 26329818

Sad

Sad
Glad I stayed away from this sector.  While I see some people do very well the vast majority of investors end up losing huge chunks of cash.  It was the same a couple years ago with lithium penny plays.  I feel sorry for the people that bought in on the hype that resulted in frenzy buying of CBW.  I have no doubt that the insiders will walk away with millions as planned and leave the many that had a dream to count their losses.
Bullboard Posts