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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 Dec 12, 2022 12:30pm
252 Views
Post# 35166349

RE:RE:RE:Auxly in top 10 Undervalued Stocks !!!

RE:RE:RE:Auxly in top 10 Undervalued Stocks !!!

cryptoisascam wrote: Not sure anyone cares. This can easily pop over .10 in a heart beat.

 

Auxly is currently trading at about 1/10th Enterprise Value. Absolutely ludicrous!!

It's there in no small part due to Alternative Harvest ETF losing patience and dumping 60% percent of their position. Something like 50,000,000 shares in just a few months. A belligerent reaction brought by frustration with Auxly's inabilities to meet key goals in 2022. 

Auxly has failed to bring automated pre-roll packaging online and that has rendered them unable to ramp up production in a crucial component of their marketing plan. 

Auxly's failure to bring the automated packing equipment to life leaves $1,000,000 a week or more if potential NET Revenue uncaptured. 

This critical project is more than a year overdue and all CEO, Hugo Alves has to say is ".. we are disappointed..."

UNREAL!!!

Fire it up! FFS!!

cheers

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