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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
Bullboard Posts
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(3)
•••
Post by wewoodon Apr 30, 2020 11:56am
125 Views
Post# 30971662

Sell on news, shake out!

Sell on news, shake out!This looks like a typical shake out after a news release. Everyone expecting a billion $ earnings release for year end can now sell and the rest of us can pick up the unwanted shares at a discount.
The day will likely end over $.40 with 1st Q earnings around the corner and no one wanting to be left out of what will be a great year. Don't let the fear mongers coax you into selling, have patience!!
Bullboard Posts
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