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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

Post by 1hot-techwomanon Jan 21, 2021 11:35am
189 Views
Post# 32345121

Someone see's a bright future for Auxly !! Buying more $0.35

Someone see's a bright future for Auxly !! Buying more $0.35Auxly Announces Upsized Bought-Deal Public Offering to $17.5 Million Thursday, January 21, 2021, 9:48 AM ET Auxly Announces Upsized Bought-Deal Public Offering to $17.5 Million NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, Jan. 21, 2021 (GLOBE NEWSWIRE) -- Auxly Cannabis Group Inc. ("Auxly" or the "Company") (TSXV: XLY) (OTCQX: CBWTF) is pleased to announce that it has entered into a revised agreement with ATB Capital Markets Inc. and Cantor Fitzgerald Canada Corporation, as co-lead underwriters and joint bookrunners, together with a syndicate of underwriters (collectively, the "Underwriter"), to increase the size of the previously announced bought-deal short-form prospectus offering of units of the Company (the "Units") to 47,300,000 Units at a price of $0.37 per Unit for aggregate gross proceeds of $17,501,000 (the "Offering").
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