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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 BayStreetWildon Aug 14, 2023 11:16pm
368 Views
Post# 35588274

Sad that it has come to this..

Sad that it has come to this..

Hugo, whom I've had the pleasure of meeting in person on a few occasions, is undeniably brilliant and tirelessly hardworking. He put his name and reputation on the line with this garbage industry, and I genuinely believed that if they were able to secure some funding to reduce their debt and streamline their operations, they would become a leading competitor.


Sometimes you can't fight the macro conditions...

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