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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 bull_runzon Feb 24, 2021 2:33pm
115 Views
Post# 32648991

RE:RE:RE:CANOPY FILES 2 BILLION

RE:RE:RE:CANOPY FILES 2 BILLION"Canopy Growth and Acreage agreed to their original deal in April 2019; at the time its consummation was entirely dependent on whether the U.S. fully legalized marijuana at the federal level. This past June, however, the price and terms of the arrangement were modified considerably, with the original $300 million up-front payment being slashed to the current amount. The acquisition is also no longer fully tied to U.S. legalization."
https://www.fool.com/investing/2020/09/20/canopy-growth-to-send-upfront-payment-to-acreage-h/
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