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Bullboard - Stock Discussion Forum 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... see more

TSX:XLY - Post Discussion

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Post by autofocus111 on Apr 27, 2021 2:34pm

Guidance

What happened to poistive EBITDA by EOY? I guess that's why they struck a deal with IMB to push out the debt maturity huh.
Comment by Pencilpush on Apr 27, 2021 2:51pm
Huh it's still there but pushed back to second half instead of first Half due to delays of getting certain equipment instaled partly in due to Covid 
Comment by autofocus111 on Apr 27, 2021 3:26pm
Really? Can you point me to where they state that? I skimmed through the Q4 earnings MD&A and I don't see "positive EBITDA by EOY" stated in the 2021 outlook p.12. https://auxly.com/wp-content/themes/auxly2018/media/2020Q4/MDA_Q4-2020.pdf
Comment by Pencilpush on Apr 27, 2021 3:50pm
Go to Reddit it's posted on there 
Comment by autofocus111 on Apr 27, 2021 5:58pm
Seriously? Go to reddit? I looked through the actual report posted on the Auxly website, and there is no mention in the outlook section, but I should believe some nobody on reddit instead? GTFOH.
Comment by Pencilpush on Apr 27, 2021 8:09pm
Clealry you didn't read the report because an exert of it was posted on Reddit and I'm not going thru it again to prove it to you cause I honestly don't care enough to I read it on the report with my own eyes so it's upto you to make that choice now go read the excerpt shared or actually carefully read all the reports the released yesterday on sedar 
Comment by autofocus111 on Apr 27, 2021 8:30pm
I said I skimmed through it. I read the Outlook section and there was no mention of EBITDA positive target timeline. But I just did a search on the document and found it in section RECENT DEVELOPMENTS: Fourth Quarter 2020 To Date p.18 of the MD&A. I sure as heck ain't gonna take some reddit poster's word for it, unlike you apparently do. >>>The Company now anticipates ...more  
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