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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 Sep 08, 2018 8:48am
41 Views
Post# 28584016

RE:How Much Will Auxly Pay For Cannabis From Streaming Partners

RE:How Much Will Auxly Pay For Cannabis From Streaming PartnersBased on executives history of tossing cash at a premium I would suspect another .50 a gram on those numbers might be close ! Of particular concern with xly is they’ve alluded to floating cost structure on some of their deals ( without defining ) this is very broad I suspect there is escalators built in ( yet to be disclosed)  it would be nice if they did a case example of the cost mechanisms much the same as they did a case example of the streaming deal ! These guys are doing deals from behind the eightball and that’s clear by the terms that have been divulged to date ! Doing this case example would help them to get in front of the storm that’s going to land at their feet once revenues start landing and shareholders start freaking out at the performance !
Bullboard Posts