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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 SCQuinon Nov 20, 2021 6:40pm
124 Views
Post# 34149901

RE:Auxly Increased Revenues Q3 by 95% and now #5 National SOM.

RE:Auxly Increased Revenues Q3 by 95% and now #5 National SOM.So the Q3 ER was so good the SP dropped 30%.....you should go back and read it again. Pay attention to the detail which basically say that  Auxly will not be EBITDA positive unitl post Q2 2022 at best. Cost of sales, production costs, margins etc don't look good at all ....with no immediate relief in sight . It sucks...but this IS Auxly.
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