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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

Comment by UniqueKittyon Nov 17, 2020 12:14pm
91 Views
Post# 31914782

RE:RE:RE:Auxly Cannabis

RE:RE:RE:Auxly Cannabis

Old World values tend to change slower than those in the frontiers. Mixed readings coming out of Europe and COVID has definitely slowed the pace of progressive political changes. 

The US will move quickly now.

Latin America (2-5yrs.) is still likely to move forward more quickly than most of Europe (4-8yrs) by my reckoning. 

In the UK there's no real interest among BJ's crew to do anything regarding recreational cannabis and even if there were , it would take at least 2 years to for them to bring legislation to pass and another 1-2 years to put regulations in place. Unless of course they were to adopt an existing model.

I've digressed. Apologies.

Most of Europe has some form of medical cannabis legislation or program. Who knows, it could turn sooner.

Next one to watch is Mexico. Dec. 15, 2020 deadline for recreational cannabis legislation. Medical regulations there were only just adopted in September. More than two years after Medical Cannabis Legislation passed. COVID has hampered the parliamentary process in Mexico, as it has in many countries. Here's to hoping.

cheers

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