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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 Bdigginson Aug 27, 2019 10:41pm
69 Views
Post# 30073096

RE:Notes from the Auxly investor group about the AGM yesterday

RE:Notes from the Auxly investor group about the AGM yesterdayWhat a bunch of horse shiitttt .... a whole lot of nothing more stories of what their going to do ..... meanwhile they continue to pick the cash register dry ..... 1) All motions have been voted on and approved Voted themselves a 5 % equity raise So between Rifici and Aves they have 75 mllion shares in just 2 years and shareholders voted to give them a 5% equity bump they must be laughing all the way to the bank 2) Some new hires adds to the 45 highly paid do nothings - Dr. Corey Hilmas (was deep in the FDA) (Means nothing ) - Jeff O'Neill (former president and COO of High Liner Foods) Fired January 2018 - Check the website for more 3) Robinson's - was trimming their harvest last week (1000 kg a year so trimmings means what ?) - applied for sales license Nothing 4) Delta 9 will carry Auxly products in their stores and in exchange Auxly will carry Delta 9 products in theirs Based on weak equity deal where XLy bought equity at twice the market rate 5) Dosecann - has extraction capabilities for both CO2 extraction (14,000kg/annum) and Cold ethanol (140,000kg/annum) Capacity story nothing more - Auxly has a research contract with Lonza (which owns Capsugel - 87% of the entire worlds capsules). Auxly and Neptune are the ONLY companies who have a machine from Capsugel (at Dosecann) They bought the package Just like Neptune did 3.5 million Xly hasnt released their payment/ or cost simply touting it as some great deal . 6) Imperial Brands Loan nothing more and has position xly in deep shiiiit if they fail to convert and not even with Ib directly but through a numbered company / set up out of Vancouver as a financing subsidiary - in process of creating a team made up of Auxly & IB that will focus on how to take over the world basically lol. Focus on the fact that Imperial can help Auxly get into any jurisdiction in the world since IB is already there Story time - Auxly can create Vapour IP that is protectable through Imperial More story time - Vapes we will see on market in Q4 2019 wont be part of the Imperial deal yet, thats 8-12 months out before that collaboration starts selling vapes. Zero effect - Chuck pointed out how important it is that Auxlys regulatory advantages being in house are why Imperial deal happened and how integral Hugo was in that deal and thats why he is the best choice to lead Auxly. Story time continues - it's not about the size of the $123 million investment but the multi-millions Imperial put into the vape IP that theyre now sharing exclusively with Auxly Sure it is ! 7) Q4 2019 - vapes, chocolates, tablets, chews, capsules, oil/spray. Story continues , Q1 2020 - lozenges, topicals Story continues , 8) 10,000 units of each formulation pens ready to sell today! Vendor qualifications at OCS recently and it was stated to Auxly that theyre more ready for the vape race than any of their competitors. Sure Story continues , 9) Lotus - progressing nicely, nothing new to report They are planted and awaiting their first harvest shortly 10) Auxlys route to market: Inner Spirit in ON, AB, BC Bondar arggggg enough said Kolab in all provinces 1 store in Shittthole Lloydminster Atlantic in NL (Do these guys have a store Nope ) Delta 9 in MB shittt equity deal totally one sided right to purchase at wholesal e prices lol 11) Focused on winning at home right now, but planning to be a global leader. Corporate development team looking at US and EU etc., but focused on winning Canada at this time. Hugo will focus on executing at home and Chuck is now free to focus on growing partnerships worldwide. Story time and The only thing chuck will pursue is his other ventures. 12) Communication - Hugo agreed theyve dropped the ball in the past and thats why they hired new IR (Carla). And theyve been pushing to increase how they present info to shareholders. Committed to doing better. Story time to appease the dummies 13) Thinking about ways to make float more manageable and flexible (no specifics at this time) What does that mean exactly they have done exactly the opposite by way of giving themselves equity raises on shares . 14) Publicly disclosed that theyre holding back a lot of product for 2.0....they have targets....EBITDA positive in 2021 (totally could depend on consumer decisions in 2.0). They have projections but they cant predict consumers so they wont make those projections public - right now its an educated guess. Story time again and again 15) They will discuss a shareholder spot on the board in a later discussion. Right never going to happen 16) Inverell Update - planted 190 hectares last year - hurricane lost about 30% across all of Uruguay Outright fabrication ..Hurricanes are a rarity in Uruguay (Last recorded one was in 2005) Montevideo has a storm in June but hardly a crop buster - harvested 18,000kg biomass - still looking at distribution channels in Central America Nope Story continues , - registered their seeds (result of Rauls breeding program) Means what exactly nothing ! - will plant 300 hectares with those new higher thc seeds this fall Story continues , - waiting on regulatory progress in Latin America (should see some regulation by end 2019). Latin America is lagging behind EU with regulations. - Other companies are pandering to retail investors. Khiron told everyone they have licenses for sale and export. A production permit in Uruguay automatically includes a license to export. Auxly has that too but it only works with countries that will allow importing. - Nobody has an extraction license in Uruguay yet, so thats what Auxly is focused on getting Story continues , - Extraction facility still pending Xly stated this would be done in June 2019 - Auxly can sell in Canada, but Health Canadas regulations wont allow it at this time. So they cant sell - R&D only for now. Rabbit hole - Inverell product to be sold in Latin America and EU. Nope illegal - Product hasnt been extracted yet from that harvest. Why not extraction facility was supposed to be done in June - Auxly has a retail link in Mexico Based on wht khiron joke 17) Uplist to TSX not planned for 2019 but will be some time in the future With 800 million shares fully diluted outstanding that is and a 82 cent share price Not without a reverse split
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