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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 > Annual Grow Capacity Increased 25%
View:
Post by UniqueKitty on May 16, 2022 5:08pm

Annual Grow Capacity Increased 25%

Auxly Leamington operations still have room to ramp up production. Current planting now puts projected annual production at 75,000 kilograms.

That's a 15,000kg/yr improvement or 25% over the previous projected production rate 60,000kg/yr. 

The Leamington facility is an extremely efficient, highly automated 1.1million square foot juggernaut and Auxly is wasting no time engaging their strategy to fully leverage the cost savings this facility  presents.

Full production potential at Leamington is estimated at about 100,000 kg/yr, leaving even more room to grow with future demands for Auxly products.

see pg13 of presentation...

https://auxly.com/wp-content/themes/auxly2018/media/Auxly_Investor_Presentation.pdf

Future forward.

cheers

Comment by Coins2paper on May 16, 2022 10:55pm
I just bought in today after reading their financials which I have more experience at then buying stocks and I agree that theres a lot of potential here for growth with their 147% revenue increase for 3 months to $23 million due to them being the #1 vape brand  plus they continue to hold the No. 1 licensed producer position in Cannabis 2.0 sales nationally. I'm hoping to get more shares ...more  
Comment by SCQuin on May 17, 2022 6:45am
Kitty, the conference call and the presentation seemed to suggest that the Feb. automation effort was incomplete and not operative at this point. Did you hear the conference call? I don't think there was any update on Robinsons either. I expected Q1 to be worrisome and it was. The outlook given the tired dialogue of the conference call does not inspire confidence for Q2 and beyond in my humble ...more  
Comment by Investorpedia on May 17, 2022 8:35am
My sentiments fully.
Comment by smallcaptdr on May 17, 2022 9:26am
My orders are in hoping to catch some cheap shares, plus they said that they will be adding more SKU's to the market and this should add extra revenues so Q2 could be the BEST ever quarter! at least thats what I'm looking forward too. during the first quarter of 2022, Auxly successfully launched 10 of the anticipated 60 new SKUs planned to be launched throughout the year,
Comment by UniqueKitty on May 17, 2022 12:46pm
SCQuin and Investorpedia are not alone in their frustrations. I feel it too. Seems like Auxly has a knack for stumbling into the room, all glasses sideways with papers falling about. They just can't seem to get it together. All belt undone, shirt half untucked and hanging out through their pants zipper...   lol As tiresome as it is for their shareholders, I expect it would wear on the ...more  
Comment by stockman2021 on May 17, 2022 3:37pm
This post has been removed in accordance with Community Policy
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