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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 > Annual Grow Capacity Increased 25%
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Comment by Coins2paperon May 16, 2022 10:55pm
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Post# 34688130

RE:Annual Grow Capacity Increased 25%

RE:Annual Grow Capacity Increased 25%I just bought in today after reading their financials which I have more experience at then buying stocks and I agree that theres a lot of potential here for growth with their 147% revenue increase for 3 months to $23 million due to them being the #1 vape brand  plus they continue to hold the No. 1 licensed producer position in Cannabis 2.0 sales nationally.
I'm hoping to get more shares tomorrow after everyone else reads the news released tonight and if theres no sell off then this stock should start moving higher in anticipation of the vastly improved Q2.
Cheers
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