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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 edmedon Jan 12, 2018 12:21pm
225 Views
Post# 27342732

Warrants

Warrants
Can someone here clarify for me:
Should the stock remain above 2 dollars for 9 consecutive days
then CBW can force those taking part in the private placement to either give up their warrants or purchase 60 mil shares at a price of 1.50??? and they would have 30 days to do this

should this happen imho the price would have to go down to about 1.75 or so....
will be interesting to see if we close above 2 bucks today and monday

any reply would be appreciated
edmed
Bullboard Posts