Is Auxly Investment Worthy? 💸💸💸💸The last 4 years have been tough on Auxly, and us shareholders. However, this year they have been fixing most of the past problems; overburdened debt, high production costs, and intense competition. Auxly solidified their relationship with International Brands(bringing down debt), they consolidated growing, mechanised operations, and expanded to all Canadian provinces. They now are EBITDA positive, and there are lots of new products coming. These significant changes are convincing me to stay invested because anything is possible from a company can bounce back from most of their challenges including a low of .01 cent per share! So, I guess I will stay and wait for what lies ahead :)
GLTA!