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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 settoretireon Aug 25, 2023 10:18am
114 Views
Post# 35605232

RE:RE:RE:Sad that it has come to this..

RE:RE:RE:Sad that it has come to this..As per your statement below, you obviously are 1 in a thousand who were on the positive side of a share consolidation. Less than 3% chance of benefiting the existing shareholders, that is why it was turned down. I'm very surprised that shareholders didn't vote for a share consolidation. In my eyes, it was their last kick at the can, unless someone buys them out or they manage to magically secure 100+M in non debt financing.
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