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.

TSX:XLY - Post by User

Auxly Cannabis Group Inc > Acquires 100% Ownership of Sunens and Amends Credit Facility

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Comment by Blackberry5on Nov 23, 2021 8:38am

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Post# 34156166

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

I wonder what kind of margins we're going to be looking at here !! Am certainly Liking the 100% control of Sunens for sure, and I would think that Imperial had a big something to do with this takeover, in not wanting to share a good thing blossoming as it is.

Imperial is without a doubt extremely impressed with Auxly management. Who isin't. So much so, that I forsee them making Auxly debt free near future if this trajectory in SOM continues as it has.

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