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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 Bdigginson Aug 27, 2018 6:28am
72 Views
Post# 28520601

RE:RE:RE:RE:RE:RE:Auxly CEO Chuck Rifici Recently on Reddit

RE:RE:RE:RE:RE:RE:Auxly CEO Chuck Rifici Recently on RedditThe shares were loaned as part of a financing guarantee and those shares held under the terms of the first raise by MMCAP were in fact shorted and HUGO spoke to this on his first Q&A, His side was /is that they had no choice if they wanted to do the raise. Those shares are still out there at zero cost to hold short by MMCAP, and under the terms will get dribbled back but not completely until 2020 . Then under the second raise there was the Sedar error filing at 1.10 (which has yet to be corrected) thats when Peter Quiring finalized his sweet deal at 1.07 after that it was downhill, until This recent KGK Sciences at 1.21 which was issued at a premium. Thems the facts like it or not.
Bullboard Posts