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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 Sep 15, 2019 3:21pm
244 Views
Post# 30128683

RE:RE:Sunens Auxly/Peter Quiring JV 09/13/19 Drive by...

RE:RE:Sunens Auxly/Peter Quiring JV 09/13/19 Drive by...Sunens touted completion date Q2 2020 by Auxly executive.... 

Simply, another example of of the continued line of bs they spout to the investment community...
Does anyone actually believe their story time bs ...
We are expected to believe somehow Sunens will be producing in Q2 2020 
when as an example kolab took two years and lotus after two years is just on their first harvest ....

this is is nothing more than more story time , combined with the increased media stories all orchestrated to align with running this up and dumping during the edible legalization phase.... just like they did with the flower phase....

Best advice take what you can get on the edible run up in the following month and get as much distance as possible after that ..... with over a hundred million debt liability coming due in January ...and no ability to report revenue increase reagardless of what their selling ..... this sp is going to be in the toilet come November   December..... 

with a hundred million liability and less than that in the coffers ......65 cents will seem like a very attractive number to get ......remember the word “seem “  because their going to take this way down .....


Bullboard Posts