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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 Chrysanthalason Jun 13, 2018 7:22pm
104 Views
Post# 28168972

RE:RE:Of course its dropping....Dumb A$$’es

RE:RE:Of course its dropping....Dumb A$$’esI’d much rather they use equity at this stage than debt.  Especially since that leads to greater waste and higher costs in the long term.  They will do another raise and it will get filled pretty easily you’ll notice because its still a good investment.  By the end if next year when they are having actual revenues their price will at least hit 3 or 4.00. Even for people who bought near all time high thats still more than a hundred percent.  Auxley is not super overpriced right now relative to its assets and deals.  Like for example TGOD, which has a big patch of earth and is a 1.2 billion dollar company and won’t see meaningful production until 2020.
Bullboard Posts