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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

Auxly Cannabis Group Inc > Brutal Month for mj
View:
Post by UniqueKitty on Sep 10, 2021 11:46am

Brutal Month for mj

Many mj stocks are currently scraping bottom. Those struggling with or dropping below all time lows include;

EVE.v  @ $0.155
TGOD.to @$0.165
HEXO.to @ $2.75
CWEB.to @ $2.72
THC.v   @ $0.09
VIVO.v  @ $0.11
EMH.c   @ $0.15
FLWR.v. @ $0.105

.... the list goes on. Many of the biggest players, even the US based MSOs have taken a big hit in recent trading. 

They don't call it 'Fall' for no reason. 

The days of burning billions has passed. Expect more consolidation in the coming months and through next year. Some simply won't make it.

Auxly is focussed on a path to profitability with growing revenues and a stable cost structure.

THIS is the test.

Hang in there mates.

cheers

Comment by pennywise19 on Sep 10, 2021 12:34pm
HAHAHAHAHAHAHAHAHA!!!!!!!!!!!   
Comment by bull_runz on Sep 10, 2021 3:33pm
The companies that have high debt will be in trouble, yes?
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