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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 rcash1on Feb 13, 2018 8:13pm
246 Views
Post# 27554609

RE:RE:RE:RE:RE:RE:Predictions next week?

RE:RE:RE:RE:RE:RE:Predictions next week?I could be off by .10 cents in either direction but under a dollar would be a gift . The market doesn't usually hand out gifts . Also the trend is your friend. I've been investing in many cannabis companies since 2014 . It's very rare a stock retracts right back to where it started before a run . Like I said 60% is normally a trend . The monthly RSI is at 65 although it's heavily oversold weekly . Could be a little more to go down but then I expect the monthly Mac d to see a round of support at 1.34 if 1.50 breaks .It gets heavily oversold monthly if that breaks and you'll see the support just under $1.30 as the monthly RSI would tip 35 or 40 . If nothing else we'll see a dead cat bounce before heading down to .80 but that would be a serious downtrend and might scare to many investors away . Market makers will bounce it quick if it goes under 1$ so set your bids now ;) Just my opinion 
Bullboard Posts