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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 Feb 11, 2022 5:56pm
243 Views
Post# 34422161

RE:RE:RE:RE:RE:Auxly Rated BUY, BUY, BUY !!…

RE:RE:RE:RE:RE:Auxly Rated BUY, BUY, BUY !!…

According to 'Schedule - C' of the 'Business Acquisition Report' filed February 7, 2022, of AUXLY's / Sunens combined as at Sept. 30, 2021;

Total Assets     -     C$487,335,000
Total Liabilities -     C$260,096,000

Total Equity -          C$227,239,000
-----
Todays trading activity was a completely overblown hatchet job intended to instill panic, IMHO.

Taking into account:
Shareholder Equity  over C$220million
and 2022 Projected Net Revenues to exceeed C$120 million...

does a Market Cap of C$112million seem appropriate??...

for a company that's intent on turning profitable by Q2-2022...???

Time to load UP those retirement accounts!!!

cheers


UniqueKitty wrote:

Okay??
 

SCQuin wrote: Kitty, when you get a chance have the look at the filed fnancial report for Sunens. I was always suspect of this operation and felt it was without oversight or accountability. The financials bear this out in MHO. 

 

I agree that a higher level of transparency regarding Sunens definitely needed to happen. I'd like to see reports with respect  to production cost per gram in the future.

Taking into consideration Sunens was under construction and not pruducing for all of 2019 and most of 2020, what raises questions for you, SCQuin?

Since, Sunens ramped UP production through 2021, I expect to gain a better sense of the operational capabilities of this state of the art, purpose built facility with AUXLY's, Q4&FY-2021 report. 

Auxly engaged Peter to build a high efficiency, 1.1million square foot, scalable greenhouse and production facility. Now Auxly has full control of it's future at a fraction of the cost that other LPs paid, for far less functional facilities.

Bloody brilliant!!

cheers



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