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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 UniqueKittyon May 10, 2021 2:32pm
181 Views
Post# 33166341

RE:pot stocks

RE:pot stocks

Oy mates! Auxly is currently sitting at #3 in sales through OCS online.

https://datastudio.google.com/reporting/e1367eef-c468-4a73-8acf-cb19e7a50a90/page/A0AGC
 

https://datastudio.google.com/reporting/e1367eef-c468-4a73-8acf-cb19e7a50a90/page/A0AGC


How's that for delivery Nortzy27?

Auxly is competing with the big boys with 10X valuations and kickin'aaazzzz!!

When the new Kolab Project, high quality selected pre-rolls start hitting the shelves I predict sales of Redicann's ragweed spliffs will tank hard as Auxly takes over their market share.

This time last year there was less than 200 retail outlets in Ontario. Now there are 650. Even with widespread COVID lockdowns, cannabis sales exceeded $260 million in Canada for the month of February 2021. Once COVID has been tamed with mass vaccination and lockdowns are lifted what can we expect to see happen to sales?

Cannabis is just getting it's footing and Auxly is not buying market share, instead they're building it!!

Creating a strong foundation of quality, and efficacy at a fraction of the cost of the competition.

Hold tight mates!!

cheers



 

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