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.

TSX:XLY - Post by User

Auxly Cannabis Group Inc > Absolutely ridiculous this trades at $0.02 with Book V $0.25

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Comment by SCQuinon Jan 04, 2023 10:28am

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Post# 35202569

RE:RE:RE:Absolutely ridiculous this trades at $0.02 with Book V $0.25

Kitty, Auxly has indicated it's focus on the Canadian market. Thus far, it seems they have not been able to meet demand. In Ontario, Kolab products a sold out and with more 500 employees Auxly is outsourcing production.
Access to markets outside of Canada will not help Auxly if they cannot supply the local market.

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