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Auxly Cannabis Group Inc T.XLY

Alternate Symbol(s):  CBWTF

Healthcare Cannabis
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 > Looks like Auxly is expanding !!!!
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Comment by 1hot-techwomanon Feb 18, 2021 4:07pm
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Post# 32601485

RE:RE:Looks like Auxly is expanding !!!!

RE:RE:Looks like Auxly is expanding !!!!
Caffinated5 wrote: Very nice!

 I would not be surprised to see Auxly just buy Lotus out.  It would be positive for both parties.  Lotus is cash flow positve with no debt and would help Auxly.

Lotus could use the financing for their expansion and increased liquidity for their stock.



Interesting thought though :)

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