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Auxly Cannabis Group Inc T.XLY

Alternate Symbol(s):  CBWTF

Healthcare
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

Auxly Cannabis Group Inc
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Comment by Fundy13on May 10, 2019 7:33am
106 Views
Post# 29732898

RE:Buy rating

RE:Buy rating
GustheGreek wrote: XLY gets a buy rating from Mackie, and the price plummets??? WTF? Too many games being played. Stock manipulation!!! Fuc#$RS!!!!


Well Mackie already had a buy rating, has for a while now, so that is nothing new.  What was new was him dropping his price target from $3.00 to $1.75.
I am not sure in what world you consider an anaylst dropping their price target by 40% on stock good news.
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