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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 Feb 11, 2024 1:07pm
120 Views
Post# 35874522

RE:RE:RE:Tax on legal cannabis

RE:RE:RE:Tax on legal cannabis Shorting a penny stock costs on average 8to 20% per year, so unless you're a mega rich, or a gambling addicted, you're probably going to lose.
A fool and his/her money are soon parted.
One more thing, 90% of brokerages won't allow shorting on penny stocks.
To clarify, anyone who is shorting Auxly is banking on it going to zero.
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