Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 mtd121215on Oct 21, 2018 8:24pm
102 Views
Post# 28844838

RE:RE:RE:This board needs to change.

RE:RE:RE:This board needs to change.Yes, but is XLY going to be able to keep these generated revenues growing. 

We are past the "pot pump" now and when smat money begins to invest in this space, they will be looking for growth, not huge "inconsistent" revenues on the income statement. XLY will need to prove constant growth on their financials and this seems like it will be volatile. 

I'm not saying XLY isn't a winner, but we could all be waiting longer than we expect to when it comes to a jump in this stock.

$3 a warrant seems a little high, but I like your optimism. 

The market has already chosen to not reward this company with a high valuation. Even with revenues coming in, and the company shorting their own stock (whether it was strategic or not) it could be possible that this stock may continue to experience this same sentiment.  Any form of stock manipulation can have a very long lasting affect on any stock price, as to say that no body will forget that they did this. 






Bullboard Posts