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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
Post by TheEgyptianon Oct 18, 2019 4:13pm
249 Views
Post# 30245477

Observations

ObservationsThe Cannabis complex is in a disarray right now, similar to high tech in 1999-2000. Many companies will vanish and others will flourish in time.
Auxly is a complex organization, it appears that are everywhere and nowhere. Auxly has to show positiv results and update their shareholders with the ongoing activities. Auxly in Uruguay, so what?  In outcome from Uruguay? How about this big installation in Ontario, when will it Really start to plant and what are the expectation in early 2020?
There are many unanswered questions with Zero revenue so far. The market is full of other interesting dividend paying companies, why any one will touch the Cannabis right now until revenue prove solid.
For now the warrants are in question unless the company decided to change expiry date.
Bullboard Posts