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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 Jun 09, 2022 11:45am
146 Views
Post# 34743781

RE:RE:RE:RE:RE:RE:RE:RE:RE:Auxly Named LP of the Year

RE:RE:RE:RE:RE:RE:RE:RE:RE:Auxly Named LP of the Year
stockman2021 wrote:

This company is done like last weeks newspapers. Even without the huge amount of shares outstanding there are too many structural problems, regulatory and financial that will impair this company for years to come assuming it can even survive I've that long which I doubt. 


Even the pumpers admit the Canadian market had no future for this dogshit and are hoping for US legalization to save the day. Problem is there are other companies down south well prepared to handle that demand and don't need to rely on Canadian krap like this to fill the gap. Fundamentally this outfit has nothing compelling that anyone wants or needs and that's just the plain truth 

Opinions are not facts !! 

Auxly's business plan and future success is not dependent on US legalization. Auxly is focussed on Canada first. 

Where other LPs have squandered billions chasing markets that don't yet and may never exist while losing their dominant market share in Canada, Auxly has built a business focussed on serving Canadian Retail Cannabis Consumers  and building market share in a market that actually exists. 

Auxly is making progress on the path to profitability without any changes to existing regulations. That said, any changes that do occur will be a welcome boost, whether in Canada or the US.

This is Auxly
https://auxly.com/

Keeping it REAL.

cheers
 

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