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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 Feb 22, 2018 6:50pm
155 Views
Post# 27605848

RE:RE:RE:RE:RE:RE:RE:Stock Price

RE:RE:RE:RE:RE:RE:RE:Stock Price
Moszmo wrote: Seems like day to day it pretty much does the opposite of what anyone expects. If everyone knew it was going up once the warrants were done, then traders were there to seize that opportunity.


The share price will go up or down with the sector until we get the news everyone is waiting for.
The warrants are not really finished until we get a news release from CBW letting the shareholders know how many we're excersized. We will get a very good boost when the FV Pharma letter of intent is upgraded to a definitive agreement, then anouther boost when Level 10 goes through. The biggest deals are all pending, and there is neagive sentiment surrounding all of these big deals until they are approved. There should be a ton of cash to cement most if not all of their phase 1 stage of the agreements. 100 Mil from private placement, warrants = ? Broken Coast we owned at least 10% of the shares and cash paid out, perhaps more up to 20% since the people envolved with broken coast got about 80% of the 230 million agreed upon, but again another question mark.

Im guessing CBW is around 160 million in cash on hand from the above three items. Lots of cash to move the share price on top of all the pending news releases. I really don't think Chuck or anyone at CBW gives a sh$t about where the current share price sits though in the short term. They will keep working on the future goal of being the dominant force in this sector in the future, and don't really care about anyone's opinions or concerns with the lack of communication or clairity in the short term.
It matter not what anyone thinks about CBW now because they are starting sticking to their game plan and agenda of building the company the way they want. You can choose to be in or out now but be aware we are the dark horse in this race, and the lack of clairty is likely to continue until one day when it will be to late to get in at a reasonable price. 

Bullboard Posts