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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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Post by broadviewwson Jan 21, 2018 4:38pm
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Post# 27404443

Translated from a German site, some international coverage

Translated from a German site, some international coveragehttps://www.finanztrends.info/news/cannabis-wheaton-profitiert-vom-hype/#

Cannabis Wheaton benefits from the hype! By Jennifer Diabat - January 21, 2018086

Dear readers, Last week, Frank Holbaum reported that Cannabis Wheaton's cannabis-hypes look very promising at the moment. His analysis in the abstract:

The stand!
The hype surrounding cannabis is currently a big issue, even on the stock market. That's another reason why the Cannabis Wheaton stock can look forward to tremendous potential.

The development!
The stock has been in a chart-technical upward march since mid-December and its support amounting to about 0.60 euros has pushed it up to the all-time high of 1.84 euros.

The analysts opinions!
Because there is no usable information from an economic perspective, bank analysts are holding back on valuations, but technical analysts point out that the stock is on the up. The current buy signal would only dissolve at 0.87 euros, the current GD50, back in the air.

The outlook!
Currently, the profit taking seem manageable and the price could even move to 2 euros, then there would be no more resistance. A little caution, however, could not hurt.
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