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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 Aug 24, 2018 8:55pm
160 Views
Post# 28516033

RE:RE:RE:Comparing market caps is helpful

RE:RE:RE:Comparing market caps is helpfulWell, based upon your conservative P/E multiple of only 20X earnings which is usually reserved for old line boring companies who's over the hill in terms of their businnes life cycle, then how do you explain the share price for companies like Amazon, Netflix, Tesla, etc.

predawn wrote: 25 million in earnings NET or Gross Big difference ?also against  600 million shares  and say its trades 20 times earnings its till only a 80 cent stock ;;;;;


Bullboard Posts