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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 werdnapkon Feb 22, 2018 3:38pm
198 Views
Post# 27604492

RE:Stock Price

RE:Stock PriceI'm not aware of any "consensus" here.  There was a lot of discussion about it though.

You can't expect CBW to go up 20-30% without the rest of the sector doing the same.  Almost everything right now is riding the same wave with the occasional deviation.  When timelines become more concrete and revenue starts rolling in, then each stock will start acting a lot more independant of each other.

Why CBW is down much more than others today?  I don't know.  Inpatient investors who are selling because they didn't make a quick buck I assume.
Bullboard Posts