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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 > Fascinating
View:
Post by Investorpedia on May 12, 2022 12:04pm

Fascinating

Report date announced, and SP goes south.
Comment by UniqueKitty on May 12, 2022 1:09pm
  Same pattern emerged with Auxly's last two quarterly reports. A week or so of accumulation then a dump two trading days before the Report. Definitely weird! No manipulation going on though. That's not possible, riiight?? The entire mj sector is being forked over right now as key legislation is awaited in the US., regulatory changes are pending in Canada and Germany works to ...more  
Comment by SCQuin on May 12, 2022 2:13pm
As I recall Auxly had a substantial SP increase in the days leading up to Q4....then it dropped (FAST) from 0.33 to right about where we are today. The lesson here is Q1 needs to show BIG improvement over Q4 or we are insolvent?
Comment by UniqueKitty on May 12, 2022 4:02pm
  Not to nitpick SCQuin. Just for clarity, based on the $0.33 price you mentioned I'm pretty sure you're referencing the Q3-2021 Report back in November that set shareholders back based mostly on the unexpected 6mos delivery delay of automated equipment at Kolab Project. That equipment has since been delivered and installed but related cost improvements will only become apparent ...more  
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