Auxly Cannabis Group Inc T.XLY

Alternate Symbol(s): CBWTF

Healthcare Cannabis

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.

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Auxly Cannabis Group Inc

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Comment by djanz12on Sep 23, 2020 3:41pm

142 Views

Post# 31605814

RE:RE:Auxly’s Path to Profitabilty

My bearishness is not related to the products but mgt. Mgt set this company up in a way so that the benefits flow to them. Converts allow the founders to add leverage with out diluting the shares outstanding. When it works its great but it often fails. My bearishness is on how they structured this company. Its over the head of most of you so your replies are wasted. Good products dont always make good stocks.

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