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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 Weedrgirlon Jan 04, 2018 12:25am
202 Views
Post# 27277382

RE:Warrants

RE:WarrantsI called my broker today in attempt to understand the tradable warrants.  After CBW trades over $2 for 10 days the warrants can be called, that does not mean they will be.  Let them ride until they are called.  Might be fun getting a load of $5 shares at $1.50.  The warrants are increasing in value, you could sell them and give whoever buys them that $1.50 rush and profit off the warrants.  That's how I understand this...I see them as a safety feature to prevent shorting.  Why short the stock when you can get in the tradable warrant---I'm only speculating.  But if you want to use your shares for the $1.50 gaurantee hold.  If you just want the gains made from the warrant itself--sell whenever your ready.  They are $1.20 right now.
Bullboard Posts