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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 Feb 20, 2019 6:21pm
88 Views
Post# 29390930

RE:RE:RE:RE:RE:RE:RE:RE:RE:Ppl are so dumb on this board

RE:RE:RE:RE:RE:RE:RE:RE:RE:Ppl are so dumb on this boardLotus on track for esitmated timeline, beleave on track for estimated timeline, Kolab project doing what they said they would do, Cann TX right where they are supposed to be, Robinsons right on track, Quirling right on track, Inverell ahead of projected pace.
They said from the begining that 2019 was the year they would have revenues and they actually had some start driping in in Q3 2018 and will likely have more when we get to see the Q4 2019 financials.
Expectations were set for 2019 to be the year things came together fromt eh very begining and things are looking positive.  They might fall slightly short of the 50,000KGs because of the FSD deal falling apart but they were not expected to have a crop in the ground until mid 2019 anyways.  You want updates read the investor presentation released in Dec 2018 less then three months ago.  It lets you know exactly what is going on and when things are expected to be completed.
FSD Pharma is the only project that was behind schedule which was not a surprise to anyone who followed Canapy growths rebuild of an old food plant, that had many delays as well.
XLY also never claimd they requested teh breakup with HUGE.  There own press release says that they had some concerns, when to HUGE with those concerns and then on Feb 6 FSD pharma proported to terminate the agreement.
FSD pharma's management has botched everything they have tried to do, hired and fired CEOs within months, signed binding agreements and then backed out of them so I am not at all upset to see that deal end as I think there is better use for the money.
They expect to have 
Bullboard Posts