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.

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Auxly Cannabis Group Inc > Market Share Shifting

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Post by UniqueKittyon Apr 15, 2021 6:01pm

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Post# 33007962

Market Share Shifting

Auxly is among the group of market gainers of late.

https://mjbizdaily.com/aurora-cannabis-leads-canada-in-market-share-decline-while-smaller-companies-gain/amp/

https://mjbizdaily.com/aurora-cannabis-leads-canada-in-market-share-decline-while-smaller-companies-gain/amp/

Looks like an early move to right sizing, high quality, high margins, and target marketing combined with cost efficiencies is paying off.

Auxly's Cannabis 1.0 value offerings from Back Forty have been making an impression through Q1-2021 as well.

A lot if little guys are hitting the big guys hard. Game ON !!

Hang in there, mates!

cheers

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