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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 SCQuinon Jun 09, 2021 12:14pm
172 Views
Post# 33355376

RE:RE:Some major things must be underway for another round $$$$$

RE:RE:Some major things must be underway for another round $$$$$

THIS FROM REDDIT (is this plausible...or even logical...??

ATB Capital Markets Inc. (“ATB”), as sole bookrunner, and Cantor Fitzgerald Canada are milking this. This drip drip drip offerings like clock work every two weeks. Like a pay day for these guys. Raise once, $100M and execute a business plan. What they have done is systematically held the price down by this drip method of raising capital. The stock is not depressed due to shorts; shorting exists but not huge. Don't have any delusions. This is carefully planned and executed to depress Auxly' s share price and IB is on board. They use short techniques to control/depress the share price and volume. The question is.....will they give the shaft to shareholders?

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