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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
Post by JaCkSnapon Nov 30, 2020 12:51pm
915 Views
Post# 32001220

Aux has positioned itself as a Bull

Aux has positioned itself as a Bull
For near-term and explosive growth.
  • #1 LP in national edible and vape sales year to date, with a blended 18% market share (1).
  • Increases cash position by $20 million with recently announced $12 million bought deal offering and $8 million non-dilutive financining.
losses down, Revenue Up over 50%, Dosecann expansion set to soon triple Manufacturing/extraction capability!

80% of the revenue came from 2.0 with Sunens 1.0 set to challenge with high margin Organic cannabis.  'Simply bare' organics are getting a ton of monies from it, having moved up the ladder to number 5 spot nationally for $/gr dried flower - the key is organic.  Looking forward to seeing those numbers come out next quarter for Sunens.  Big boost pending.

Auxly's locked n' loaded for Big Growth...beverages definitely coming soon too.

 
Bullboard Posts