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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

Post by UniqueKittyon Sep 22, 2022 1:42pm
123 Views
Post# 34979608

Cannabis Act Legislation Review

Cannabis Act Legislation Review

The review panel is being selected and will make recommendations to government based on their assessment of feed back and data gathered through ongoing discussions with stake holders that began earlier this year. 

https://www.newswire.ca/news-releases/government-of-canada-launches-legislative-review-of-the-cannabis-act-850043281.html

With a surplus in Canada's budget, hopefully they'll be willing and able to make adjustments to the excise tax structure among other things. 

Changes need to come sooner than later if they want the industry to survive, let alone thrive. 

Good News...

cheers

 

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