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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 May 09, 2019 10:49am
81 Views
Post# 29728815

RE:RE:RE:Come on Auxly give us something, pleaasse...!

RE:RE:RE:Come on Auxly give us something, pleaasse...!This company has made some misteps but still has potential.  Due to past issues and questionable decision I do not think investors will pay for potential here, they are going to want to see results.  Since XLYs focus is on preparing for Octobers legalization of edibles etc. I do not forsee them putting up any sigificant results until Q4 2019 which would not get reported until April of 2020.
I do think they have started doing some good things but I am on the sidelines for now becasue I expect a lot of sideways movement for the next 6-12 months.
Bullboard Posts