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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 Coins2paperon May 17, 2022 5:37pm
144 Views
Post# 34690548

Who's here?

Who's here?Thers a couple of reason why poster's go to billboards to talk trash, either they sold out too cheap or they are trying to get people nervous to sell and the other move is to put up a large order to sell to put pressure on holders to sell cheap because none of this make sense.
When I hold a position the last thing that I would do is to bash the company and if you have a few hundred thousand shares putting the large block up for sale will work agaist you so if your trying to sell what you would do is just put smaller blocks up for sale. I'm not telling anyone anything new.
No one can be a 100% certain which way a stock will move but I alway buy into companies who have cash and revenues because at the end of the day thats what makes a good investment.
XLY is now in the position to grow revenues and add value.
Now if XLY lost revenues I would worry but thats not the case here they hold the #1 position in areas where continue growth in sales should sooner or later be reflected in a higher SP
I'm adding to my position.
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