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 > Guidance

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Comment by autofocus111on Apr 27, 2021 8:30pm

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Post# 33079790

RE:RE:RE:RE:RE:RE:Guidance

I said I skimmed through it. I read the Outlook section and there was no mention of EBITDA positive target timeline. But I just did a search on the document and found it in section RECENT DEVELOPMENTS: Fourth Quarter 2020 To Date p.18 of the MD&A. I sure as heck ain't gonna take some reddit poster's word for it, unlike you apparently do.

>>>The Company now anticipates achieving positive adjusted EBITDA in the second half of 2021, in part due to delays, of approximately 3-4 months, in the receipt of equipment to support pre-roll sales.

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