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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 1hot-techwomanon Jul 30, 2020 8:15am
121 Views
Post# 31342128

RE:Looking forward to Q2 numbers from Auxly :) $$$

RE:Looking forward to Q2 numbers from Auxly :) $$$
1hot-techwoman wrote: We launched that portfolio nationally in all provinces other than Quebec, which, as most people know, has been a bit slower and more restrictive in their 2.0 regulation roll out. But perhaps most importantly, our products have been a hit with consumers who routinely champion the quality, consistency, and efficacy of our products as the reasons why they choose our brands over others. AUXLY CANNABIS GROUP Moderator: Hugh Alves 07-15-20/2:00 p.m. ET Confirmation # 9252559 Page 8 And because of that strong consumer demand, our products can now be found in over 90 percent of cannabis retail stores in Canada, where we've now shipped – I see the deck has a 1.3 unit ship number, so that hasn't been updated for our Q2 numbers but it's significantly north of that.


Our brands are generally in the top five in market share with our Kolab and Foray brands, particularly in vapes, which is a primary revenue driver for us. And we believe that we can beat these market share numbers when we're in a better production throughput environment in the third quarter of this year, which is when the second floor of our Dosecann facility is fully completed and licensing of our production capacity there effectively triples

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