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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 gracz11on Sep 04, 2018 10:32pm
92 Views
Post# 28563085

Re: uptrend

Re: uptrendAuxly Cannabis is the world’s first cannabis streaming company and has developed its streaming platform by funding numerous cannabis facilities/partners across Canada in exchange for minority equity interests and portions of cultivated production. Currently, the Company has more than 15 streaming partners spread across Canada and expects to receive/sell over 230,000 kilograms of cannabis from these partners by 2019 and over 400,000 kgs by 2021, making it one of the world’s largest producers of cannabis. Key investments/streaming partners of Auxly Cannabis include ABCann Global (50% stake for $55.0 million-$15 million already paid) in July 2017, FV Pharma (49.9% stake in March 2018) and GreenhouseCo (JV with Peter Quiring in Feb 2018).
Bullboard Posts