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Auxly Cannabis Group Inc T.XLY

Alternate Symbol(s):  CBWTF

Healthcare
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

Auxly Cannabis Group Inc
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Comment by AmateurH0uron Apr 19, 2018 4:13pm
112 Views
Post# 27913655

RE:RE:RE:What are the chances of 420 news?

RE:RE:RE:What are the chances of 420 news?FV update:

https://globenewswire.com/news-release/2018/03/16/1441291/0/en/Cannabis-Wheaton-Income-Corp-Provides-Update-on-the-Initial-Development-of-FV-Pharma-Inc-Facility.html

From the Q&A:

Outsanding warrants - 71 Million or 12% of the diluted market cap

Revenue - Limited product from Kolab, Beleave and CannTX (July 2018). We are currently assessing and negotiating offtake arrangements so that we have product on the shelf in time for legalization to develop our brand equity. Our view is that sales won’t be available until September 2018 given the current political landscape.
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