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 > Guesses/predictions

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Comment by UniqueKittyon Jul 01, 2023 1:24pm

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Post# 35523713

RE:Guesses/predictions

Q2 - Auxly Ottawa has shut down and is being listed for sale. This will result in a write down of I'm guessing about C$25mil of shareholder's equity.

Leaving about C$50mil in equity.

Q3 - Auxly Leamington loan facility comes due. It'll be interesting to see how they handle that.

if they do somehow manage to clear that hurdle then.....

Q4 - Imperial Brands call in their debentures and ???

there has to be another way...

Buggah that.!

cheers