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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

Post by UniqueKittyon May 16, 2022 5:08pm
170 Views
Post# 34687476

Annual Grow Capacity Increased 25%

Annual Grow Capacity Increased 25%

Auxly Leamington operations still have room to ramp up production. Current planting now puts projected annual production at 75,000 kilograms.

That's a 15,000kg/yr improvement or 25% over the previous projected production rate 60,000kg/yr. 

The Leamington facility is an extremely efficient, highly automated 1.1million square foot juggernaut and Auxly is wasting no time engaging their strategy to fully leverage the cost savings this facility  presents.

Full production potential at Leamington is estimated at about 100,000 kg/yr, leaving even more room to grow with future demands for Auxly products.

see pg13 of presentation...

https://auxly.com/wp-content/themes/auxly2018/media/Auxly_Investor_Presentation.pdf

Future forward.

cheers

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