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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 mtd121215on Jul 16, 2020 8:04am
104 Views
Post# 31274695

RE:I Think We’re Alone Now...

RE:I Think We’re Alone Now...How exactly do you know that any of these 2.0 products are going to be successful?

Pure speculation calling this company a family of companies when really it performs more like a group home. A revolving door of companies comign and going. Their protfolio hasn't been building, its just been changing while the promises pile up. 

They will be lucky to do $50-$60 million in revenue in 2020 while other companies do that in one quarter. This company has no compeittive edge. There are other procesing facilities and will be more in the future. Larger LP's are ramping up their 2.0 strategy and will reduce Auxlys market share down to less than 5%. 

This company has one thing and one thing only. The gift of gab and the reality is that everyone has seen this management team for what they really are. 

I really hope you cut your losses CrystalGreen....but it's your loss if you invest in the BS.




Bullboard Posts