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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 Aug 06, 2021 3:30pm
144 Views
Post# 33664587

RE:Auxly Has a Plan

RE:Auxly Has a PlanNo plan is perfect and Auxly may have seen it's share of disappointment but they haven't posted any where near the losses that most of their peers have. Tilray was moving backward before the deal with Aphria. Both Canopy and Aurora have written off literally BILLIONS of dollars. HEXO has been mirroring Aurora's failed strategy of M&A for growth at any cost.

Despite the failures Auxly has had a series of positive outcomes as well. The Cannabis 2.0 launch was and continues to be a success.

Auxly's Vape products are second to none and the Back Forty brand is becoming one of the most recognizable in the industry.

The upgrade of Dosecann to triple production capacity.

The build out of Kolab Project and installation of state of the art Pre-roll equipment.

The completion of Sunens and ramp to full operations of this best in class, fully automated 1.1million acre greenhouse.

Yes. It's time Auxly supplanted shareholder hope with confidence. The only way to do that is with information and results.

The preliminary data appears promising...

Q2-2021 fins report due Aug. 16, 2021.

Hang in there mates.

cheers
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