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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 > SURPRIZED
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Comment by NinjaPuppyon Jan 19, 2021 9:27pm
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Post# 32330681

RE:SURPRIZED

RE:SURPRIZED
the big guys will come in once they show positive EBITDA. Based on my numbers they've got a chance at it in Q1, a small one but it's there. I'm thinking once they pass 30m a quarter it should be doable. This requires good sales on 1.0 products but that should also be possible once they start taking flower out of sunens. Right now I'm guessing they are using it all for vapes and edibles, replacing the flower they had been purchasing from their competition.
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