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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 Fundy13on Nov 15, 2018 1:48pm
96 Views
Post# 28981330

RE:RE:RE:Warrants

RE:RE:RE:WarrantsI see the warrents more of a short term play.  Right now the stock price woudl have to go up to $2.05 by May 30, 2020 for you to break even as a long term investment.
I see it getting up in that range.  $2.25 would double your money.  But you could slight more then double your money just buying the stock if it goes to theat price and have much less risk.  You need to have the stock get up in the $2.50-$3.00 range to really have the warrants pay off vs owning the stock inself.
It just depends on how optimistic you are.
I think the sector will continue to be very volitle and I think these warrants are an excellant way to try to profit off those swings because the underlying company is solid.
Bullboard Posts