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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 Investorpediaon Jun 26, 2022 8:54am
179 Views
Post# 34782929

RE:RE:RE:RE:RE:RE:RE:RE:No RS here!! Auxly Extends Financing !!

RE:RE:RE:RE:RE:RE:RE:RE:No RS here!! Auxly Extends Financing !!
CallingOutTheBS wrote:
settoretire wrote: You sound like Trump. We won, everything else is fake, even though it's the actual truth.
I admire your optimism, but facts are facts. Auxly will have a VERY tough time escaping bankruptcy imo. Wish it weren't so, as I have a substantial investment in xly.
Regardless, I haven't flushed you because your my laugh to start my day.
Have a good weekend.



There is a difference between being optimistic and essentially peddling BS out here in order to put a positive spin on an ugly situation. Youll notice he never addressed my concerns with the numbers here either because he doesnt understand the financial situation that well or just wants to avoid a confrontation he is bound to lose.  
All I see is a pile of word salad to try and cover up the fact this company is run by bozos and that for more than three years its been a steady decline in share price, ostensibly against the backdrop of increased market share.  Too bad the company is still bleeding out like a stuck pig and is fast running out of money to keep the charade going much longer. 
When the company files for CCAA Id love to see the guy admit to his mistakes but I wouldnt hold my breath. 


The truth be told. No emotions here. XLY is in the fight for their lives to turn profitable. And that's the truth. Bottom line. At this price,there may be no other choice, as a lot of others may have to, but to continue to hold and wait and see. As I see it, it's okay to spew the virtues but it's irking and misleading to state that all remains rosy
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