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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 archdiamondon Jan 20, 2018 12:53pm
146 Views
Post# 27400995

RE:RE:RE:RE:230 thousand kilos not including Aph deal?

RE:RE:RE:RE:230 thousand kilos not including Aph deal?
JustASimpleGuy wrote:
archdiamond wrote:
JustASimpleGuy wrote:
jubatus1 wrote: https://wheatonincome.com/investors/


I don't think it does, however the Broken Coast expansion needs to be subtracted from the figure too. Not sure how that balances out.


We don't know yet if we have lost the Broken Coast deal. It's s better possibility that the deal stands with the APH take over of Broken Coast considering the terms CBW and APH are on. There has been no news release of the material change of CBW looking this contract. 

I'd bet we still have that stream. 


It's still possible, and maybe I'll even backtrack from my gut feeling. The Aphria NR did state it's given Broken Coast the green light to go ahead with an expansion project. I suppose that could be the CBW Broken Coast agreement.

So Broken Coast gets a nice payout from the acquistion, Aphria gets access to Broken Coast genetics and CBW fullfills its obligations towards the expansion and retains 49% equity. And as a bonus CBW also has the agreement with Aphria for 60,000 Kg through 2/1/22.

That would be a nice win-win-win for all concerned!


Indeed it would, I also reread that news release and noticed Broken Coast was 80% owned by the main three partners. Who gets the other 20% of the APH shares and cash in the proposed deal? 
We know we own at least 10% of that interest. 10% of those shares are now worth 33M and at least 1M from the cash part as well for CBW. This still leaves a 10% interest of BC unaccounted for.
Bullboard Posts