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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 May 19, 2022 1:15pm
118 Views
Post# 34695810

RE:RE:Looking forward

RE:RE:Looking forward

World markets are currently suffering in a big way and will be for some time to come. 

The TSX is clearly in the correction zone and the Dow Jones is teetering on entering full bear recession territory. It's at times like these that some of the best opportunities for investing can be found.

The MMs know this and will aggressively grind out the lowest numbers they can whilst shaking shares from the hands of the impatient, nervous and weak.

Times like this test one's confidence. MMs know this and they will attack and undermine investor confidence willfully in these days.

If you have invested well, time will tell.

Mj stocks have been in a long term bear market for the last year and a half, following a marked recovery from the two previous years of falling from all time highs.

As this sector scrapes bottom many are being ground into the muck at the bottom of the swamp never to rise again. Others are being selectively acquired by or merging with peers as they seek close the gaps in their maturing businesses.

Not all will make the cut.

The Mj sector is ripe for MMs seaking to strip the shares from the retail investor' hands at a fraction of there true worth. They know that now is not the time to sell but rather a time to buy and amass even larger positions in an industry that is barely breaking soil after having taken root.

The markets will balance once again. Interest rates will rise. Inflation will level off and perhaps even subside. The world will move forward and grow greener and stronger than ever.

So too, will Auxly.

Auxly has built a complete vertically integrated cannabis business from the ground up. With heavy capital projects now complete they are poised to put full efforts and focus on generating income  and continue growing sales. 

With innovative products geared to demand, Auxly will continue striving for market excellence. 

Auxly's latest flower offering of Back Forty's, Mandarin Cookies is yet another example of a premium product geared to customers requests for a high THC, pure Sativa that is also available in a pre-roll format. 

This has winner written all over it!!

Future forward.

cheers

 

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