Auxly Cannabis Group Inc T.XLY

Alternate Symbol(s): CBWTF

Healthcare

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

Auxly Cannabis Group Inc > $12,000,000 Bought - Deal

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Comment by Pencilpushon Dec 14, 2020 1:39pm

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Post# 32100987

RE:$12,000,000 Bought - Deal

With the lockdowns happening in Ontario I'm sure that's going to effect all LP bottoms lines next Q. Auxly still may need a small pull of financing for 1 more Q. Q4 is a pivotal time and Imo we will see how Auxly future will unfold.

here's hoping lockdowns don't do that much financial damage and we get another earning beat for Q4 or improvement on margins and sales.

between now and then this stock will hover low end

GL

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