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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
Post by Highdoughon Aug 02, 2018 6:19pm
188 Views
Post# 28407569

Getting interesting here

Getting interesting here Could this be tied down in the .70s-.80s here? most definitely, but the risk/reward on this one is superb.  On a technical level this price was here last year and didn’t drop any lower than .70s (low) and than a huge bounce begins in Sept-Oct.

With all the progress made from last year this can easily double by November here, and the price can’t get much lower from a technical Stand point, leaves me thinking there is only one way to go medium-long term.  
Bullboard Posts