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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 22, 2021 2:12pm
125 Views
Post# 34153851

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

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

If your going to discuss the market SCQuin then discuss the market. The 'BUD BATH' continues for all mj, not just Auxly.

That Barclays hit piece last week was a nasty piece of BS that hammered all Canadian mjs. Auxly is holding up quite well in the face of a broad sweeping sell off. IMHO

SCQuin wrote: 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.


At least Auxly is not riding an all time low like other mj's. That happened a year ago for Auxly putting it well ahead of other mjs as they round the curve to profitability. 

Auxly is intent on achieving their goals despite set-backs beyond their control.

When Auxly posts Revs exceeding CDN$32 million for Q4-2021 perhaps your concerns will be calmed. 

Auxly will have entered Quebec and demolished Hexo's dominance there by this time next year. 

AUXLY's March to #1 has just begun.

Institutions increasing positions as retail looks elsewhere. It's like magic... How do they do that...???

Hang in there mates!

cheers

 

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