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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 marvelmakeron Nov 14, 2017 12:56pm
229 Views
Post# 26960676

debenture conversion

debenture conversionwell, canopy converted less than a third of the amount of debentures that CWB did. $11 million if I am not mistaken instead of $35 million for this company. If that says anything, this stock is cheap. Obviously they did not convert at $1, hence they drop in price. Makes it better for some of us that didn't get in on the action. Buy the warrants if you want a cheaper stock price. They are good for two years with a strike price under $2.
Bullboard Posts