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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 Nov 18, 2021 10:39am
101 Views
Post# 34140601

RE:RE:RE:RE:Why the 3Q Investor Reaction

RE:RE:RE:RE:Why the 3Q Investor Reaction

I presume, 'take responsibility' means; someone gets canned? 

Pretty sure that already happened.

SCQuin wrote: Actually, the negative investor reaction was caused by the Q3 ER that shows Auxly is clearly losing momentum in the critical area of becoming cash-flow-positive. It seems now that investors will have to wait until the Q2 ER to see if this will even be possible in 2022. Someone in the company (the management team) needs to take responsibility for the fact they are not positioned to meet the demand for their products. 

The failure here falls squarely on the equipment manufacturer.It's not easy holding people outside of your own company accountable. It's outside of AUXLY's control. 

That said, I'm pretty sure the recommendation of the manufacturer likely originated from Imperial Brands. If that's the case then I expect that's being handled appropriately. 

I find it amazing how in a sea of positivity, it's the negative that gets focussed on. 

Even the least bullish analysts target Auxly at twice its current SP, rate it a BUY and consider it UNDERVALUED! 

But if running around screaming, 'Off with their heads,' turns your crank... well, to each his own. 

yeah. A pleasant surprise would be nice for a change but all I'd like to see is an appropriate valuation for Auxly.

The equipment delivery is out off AUXLY's control. It sucks, but if Q4 sees 8% market share and Revs come in at C$32million or more without machinery...??

You whiners will all still find something to wank about...!

Hang in there mates.

cheers

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