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Auxly Cannabis Group Inc T.XLY

Alternate Symbol(s):  CBWTF

Healthcare
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

Auxly Cannabis Group Inc
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Comment by archdiamondon Jan 12, 2018 1:34pm
138 Views
Post# 27343612

RE:RE:RE:RE:RE:RE:RE:RE:RE:Warrants

RE:RE:RE:RE:RE:RE:RE:RE:RE:Warrants
pdcon1 wrote:
we all know cbw will be a lot higher in the near future better to exercise warrants and hold , why screw around shorting . no reason to short unless trudeau pulled the plug in weed . we know that will not happen its to far gone and a good tax base.


I do agree and personally I'm long on CBW. We are currently one of the heaviest shorted MJ stocks though, and it's likely because of the ability to buy the insurance warrants on the open market. 
I believe if they are exercised even with the added dilution it would be healthy for our share price, because people are able to short with the ability to insure their potential loss in a run up via the warrants. We have already been held back because those are trading.
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