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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 10:38am
108 Views
Post# 28584233

RE:QUESTION WHY IS HUGE UP & AUXLY DOWN?

RE:QUESTION WHY IS HUGE UP & AUXLY DOWN?No we do not own any percent ZERO!
we simply fund the entire cost of the expansion ( yet have zero equity)
The crop is harvested and sold the sale is reconciled meaning the sale is rallied divided 50.1 fv and 49.9 Xly  then from our 49.9% of sales we pay the operational cost of the phase !  Not the percentage the entire phase once that is deducted ! The balance is recalculated and we pay fv 10%  which is again deducted from the sale and reconciled to fv balance sheet . We keep the rest!
 Basic calculations with rough numbers we should  still be profitable but that profit balanced out against the 55 million is going to take years to balance !
FV on the other hand has no cost going forward on the phase and it’s all income !
and that is why FV  is Up !


Bullboard Posts