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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 mtd121215on Mar 28, 2018 4:19pm
113 Views
Post# 27797821

RE:Short Position Increase concerning

RE:Short Position Increase concerningLooking at it, this share price has been very reactive to short interest data.

Price will likely start it's next run when short data reported shows a decrease from March 15 at the end of this month. A few days after that is when retail investors get the data. This bearish sideways trend should turn bullish by say Wednesday, Thursday next week. 

Some paper results in late April...Uruguay location being harvested in April as well.

The fundamentals are showing more upside than downside now. Probably the last round of strong sorts. Bears will go elsewhere soon.
Bullboard Posts