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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 NinjaPuppyon Dec 01, 2020 9:27am
70 Views
Post# 32008336

RE:RE:Pencil is misinformed

RE:RE:Pencil is misinformed
there's always a downside people. I've never said there wasn't. In almost every post I've said cash flow needs to be managed and you're right, they may need another raise. The upside is why you are here though. You dont buy a 200m market cap company because they might fail, duhhhh if it was obvious that they were going to be massive, they would be massive right now. The risk is why you are going to get 10x plus on your money if they suceed
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