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 > cash burn

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Comment by SCQuinon Jun 14, 2021 9:42am

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RE:RE:RE:RE:RE:RE:RE:RE:cash burn

Kitty, good faith is not enough. Sunens has been in trouble for a while now because of the lack of project management, cost-control and oversight. BMO was the only one holding their feet to the fire. Auxly has a long list of failed partnerships based of good faith and not much else.

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