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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
Bullboard Posts
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(12)
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Comment by archdiamondon Jan 12, 2018 5:10pm
242 Views
Post# 27346084

RE:RE:RE:$1.73

RE:RE:RE:$1.73
edmed wrote:
Thanks
next week should be quite the rollercoaster


Dont forget the company has 15 days to decide weather to call them or not, and the holders will have 30 days after the public news release to buy the new shares at 1.50. 

There might not be as much immediate selling pressure as your thinking. The shirts using these as insurance will need to buy the warrants or shares in the open market to cover. Since we are the most shorted play in this sector by far, there could instead be more buying pressure.
Bullboard Posts
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