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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 Feb 23, 2023 3:57pm
188 Views
Post# 35301816

RE:As per TD Bank states book value at $0.25 !!!

RE:As per TD Bank states book value at $0.25 !!!No way is auxly now worth $247,750,000. Also surprised that anyone might think XLY's survival would rest on pre-packaged roll automation. Bleeding huge amounts of cash. Now truly the most lowly penny stock, 1,000,000 shares only repesents $15,000 of value. Not worth my time to buy back in for even the slightest speculation. This stock is now in play for those who wish to risk only a couple of hunderd dollars. Definitely now not worth my time. Heck, went out to nice restaurant last night to spend nearly that amounI. I repeat....only the executive management are making the big money.....and bleeding the poor small time investors of their couple of hundred dollar speculative investments.
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