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 > Why the 3Q Investor Reaction

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Comment by Investorpediaon Nov 18, 2021 12:53pm

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

Oceanis, 19% margins very low. Skew processing automation and cost reductions will be key. They can grow billions of bud if they want but the aforementioned is my focus and concern for now. Not to get me wrong, as I have previously posted, I have confidence that will prevail....XLY has executed a significant turn-around so far.

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