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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 indoubtgetouton Aug 08, 2018 2:08pm
102 Views
Post# 28428618

150,000,000 Stock and Stock Options issued to MGMT & Board

150,000,000 Stock and Stock Options issued to MGMT & Board

At 2 cents no less!!   Just can't get my head around this the aburd issuance of stock and options for just about ZIP!!  No skin the game by MGMT and they have high salaires and bonuses  to boot.  This looks more like a scam than shareholder friendly.  They recently raised money at $1.40 share plus warrants.    While it may appear they have a legitimate business model, THE ONLY PEOPLE MAKING MONEY ON THIS COMPANY IS MANAGEMENT (ONGOING HIGH SALARIES, BONUSES AND STOCK OPTIONS).   I thought this would be 
a great laggard pot stock to buy but now NOT!   AVOID!

Bullboard Posts