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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 Jan 04, 2019 9:33am
108 Views
Post# 29185551

RE:RE:Analyst - XLY receives more sell ratings.

RE:RE:Analyst - XLY receives more sell ratings. Probably wise to double check your statement 
no debt  wrong ! 
Burn rate vs timeline ( based on their own disclosure )  coupled with know liabilities in the way of obligations failure to execute on the newly revised timelines (from  December 2018) they will in fact burn through the remaining 200 million .  By this time next year may be able to stretch to June 2020 other than that it’s another raise to stay afloat . No real financial crisis first half of 2019 . 
When tney co e clean that fv is not ready to go here in January as previously indicated ( based on recent tour ) their going to take a confidence hit ! But it looks like their lining up social media qA to align with year end and potentially timeline shift for FV and that generallyand quickly pacifies all the dreamers ..

Bullboard Posts