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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 Snellieron Mar 26, 2018 5:20pm
242 Views
Post# 27784585

RE:why share values make no sense

RE:why share values make no sense
That's why I'm long on this one. If you think they will execute their plans and sell half of that you're looking at minimum 4.00 a share... and that is conservative that locusts eat half their crops, a margin of 10% and future PE of 30 in a growth sector... The answer is the same as why people like dividend stocks: "uncertainty" around the agreements, the model, the legislation etc... once that is lifted and earnings are in ink...
Bullboard Posts