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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 longonMJon Jul 28, 2018 5:33pm
111 Views
Post# 28381630

RE:Auxly Announces Listing of Warrants

RE:Auxly Announces Listing of WarrantsMaybe my memory is starting to go on me here.

Was this not the set of warrant that could be called in by the company once the share price of CBW hit something like $3.00 a share for 10 days in a row?

Either way, with the share price well under a dollar a share, I think the chances of these warrants expiring before the company can get their hands on the money is looking pretty good right now.

Especially since it is going to have a real tough time hitting the $1.80 exercise price, let alone the $3.00 target price for recall by the company.
 


Bullboard Posts