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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 smallcaptdron May 17, 2022 8:15pm
106 Views
Post# 34690917

RE:RE:Who's here?

RE:RE:Who's here?theres hasnt been alot of selling since their Q1 that you could expect from a highly liquid stock at these prices, and the support is always 1 cent below trading price and I'm sure that theres people with large positions who also know what state that the company is in and dont seem too worried about exiting here. I can see this chewing away at the SP now that theres been 2 days for people to respond to the news so now thats behind us I feel at ease starting tomorrow to focus on the next positive Q2. If you read their highlights this year they read like a $1 SP and most companies would love to come out quarter after qauter touting increase revenues in addition to being #1 in areas and their growing, and that will always add value to shares over time  JMHO
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