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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 srtman03on Aug 15, 2024 8:17am
27 Views
Post# 36180129

RE:2024 to be record breaking year for Auxly as per CEO !!!!

RE:2024 to be record breaking year for Auxly as per CEO !!!!
1hot-techwoman wrote: Were not done just yet :)



In conclusion, reflecting on this past year, we are very proud of what Auxly has accomplished despite the strong macro and industry headwinds that we faced. Despite the challenges we tackled, we emerged stronger and more “resilient than ever. We believe the company is now in the best position it has ever been in – with a clear and focused strategy; best-in-class assets; an established portfolio of consumer favorite products; industry-leading innovation and a talented, passionate, committed team. All of which fuels our confidence that 2024 will continue to be a record-breaking year for Auxly

Looks like the CEO is bang on what he said in Q1 !!

2024 will be a record breaking year for Auxly and were off to  good start for Q2!

Auxly could be the turn around story of the year!

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