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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

Post by UniqueKittyon Jun 23, 2021 12:03pm
154 Views
Post# 33434571

StatsCan-April $310mil Retail Cannabis

StatsCan-April $310mil Retail Cannabis
StatsCan, April 2021 report, Cannabis retail sales of $309,743,000 for the month. Highest monthly total to date. $10 million increase over March 2021.

An increase of $131,334,000 over April 2020 sales of $178,409,000. That's a market growth rate of 73.6% for the month of April, year over year.

https://www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=2010000802&pickMembers%5B0%5D=1.1&cubeTimeFrame.startMonth=01&cubeTimeFrame.startYear=2021&cubeTimeFrame.endMonth=05&cubeTimeFrame.endYear=2021&referencePeriods=20210101%2C20210501

Right smack in the middle of Covid shutdown and still the numbers increase. 
 
Canada Cannabis is on track for $3.5 billion retail sales for 2021.

Q2-2021 is shaping up nicely.

The tide is rising. Covid is waning. Markets and boarders are re-opening.

Hang in there mates.

cheers
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