Auxly Cannabis Group Inc T.XLY

Alternate Symbol(s): CBWTF

Healthcare

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.

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Auxly Cannabis Group Inc > Shifting Sector Sentiment ??

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Comment by Investorpediaon Aug 08, 2022 12:20pm

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Post# 34879011

RE:Shifting Sector Sentiment ??

One or two days does not a market make. Historically, always a run-up just before earnings release. MJ sector still in the "weeds". You know my story. It's always been a "wait and see". It's still currently a bottom scraper with heavy debt. Perhaps XLY can auto-majically pull out of this tailspin by adding a little glue to their wings. LOL

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