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 > Acquires 100% Ownership of Sunens and Amends Credit Facility

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Comment by SCQuinon Nov 22, 2021 1:47pm

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Post# 34153753

RE:RE:Acquires 100% Ownership of Sunens and Amends Credit Facility

It looks like the market believes operating Sunens will requires another dilution I suppose since the cash-flow from operations would not be adequate. Anyway, the were no real metrics about that so there we are aproaching a 52 low. Auxly cannot seem to do anything that the market thinks is positive.

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