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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 Nov 28, 2019 4:52pm
149 Views
Post# 30403668

RE:Weird

RE:Weird I suspect the whole currative deal was nothing more than a way for these con artists to skim money out of Auxly shareholders... I mean really does anyone not see what just happened ! Theory 1 ...These guys buy a building for 10 million (Financed) do Nothing to it for 2 years Xly gives them 16 million they use the xly cash to pay off the building .All the cash disapears and XLY forecloses and gets the building back the shareholders eat the write down on asset and you they all pocket the cash.... Then they give the same guy another 5 million for another Nothing start up based on ZERO "ICC" rinse repeat and everyone gets a ferrari!
Bullboard Posts