Auxly Cannabis Group Inc T.XLY

Auxly trading pattern

[SCQuin]

https://www.newcannabisventures.com/large-companies-push-canadian-cannabis-stocks-9-5-lower-in-january/
You can expect that Q1 will be a washout.

[bull_runz]

Washout??  Have you been paying attention to market share gains??  Lmao

[SCQuin]

It (Q1)will be a washout for all LPs and for Auxly MS matters only if cost of sales improve and there is postive change in revenue. Q4 might show some imporvement over Q3 but not enough to move the SP needle. There have been no updates on automation so likely production costs are static at best.

[Investorpedia]

Actually, it is the hope that revenue has increased, and that efficencies are being addressed. As I have always said, it is a wait and see game based on next Q report. For that reason, and for only that reason, is that XLY remains an interesting play.

[Investorpedia]

.....and irrespective of the large debt and number of shares outstanding.

[bull_runz]

Are you an accountant, or a business analyst?   If not, Kitty, our resident BA will have something to say about that for sure!  lol

[UniqueKitty]

  We all know the mj sector at large has been down over the last couple years.  Couple of things to watch on the New Cannabis Ventures indexes.  OGI has qualified to move up from a Tier 2 to a Tier 1 listing after recording just over $30 million in their Q1-2022 which ended Nov. 30, 2021. It will be interesting to watch and see if that move up in rank has a positive effect