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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 Mar 19, 2019 10:33am
148 Views
Post# 29504917

RE:RE:Push for $1.00

RE:RE:Push for $1.00Sounds like the post of a scared short trader.
a) Auxley does not have that much debt outstanding they only have less then $100,000
b) what they do have is convertable debt at $1.50 per share at a low interest rate.  There would be no reason to convert the debt early.
c)  There is no Sedar filing which would be required to do anything like that.

Time to cover your short sell and take your loss, sorry.
Bullboard Posts