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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 22, 2019 10:10am
93 Views
Post# 29399164

RE:RE:Talk is cheap. Xly solid investment

RE:RE:Talk is cheap. Xly solid investment $750million market cap is right where I think fair value is as well.  With more information from financials that could go higher.
I think we are going to hav eto wait until year end financial come out at the end of March before we see much happen to SP, unless there is other news. 
They had a little revenue drip in at the end of Q3, but Oct1-Dec31 will tell us if they had anything going on during the first couple months of legalization, but Q1 will pretty much be over by the time we get the Q4 results so if they provide some guidance on what happened in Q1 and expectation for Q2 and beyond that is what could see the Price move to higher levels.

Bullboard Posts