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Bullboard - Stock Discussion Forum Auxly Cannabis Group Inc T.XLY

Alternate Symbol(s):  CBWTF

Healthcare
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 > Auxly Sells Nova Scotia Facility For $6.0 Million
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Post by AwareInvestor on Jul 05, 2022 9:04am

Auxly Sells Nova Scotia Facility For $6.0 Million

The trend of the sale of assets within the cannabis space amid poor market conditions plodded on today, with the announcement that Auxly Cannabis has sold off a facility in Kentville, Nova Scotia.
Comment by stockman2021 on Jul 05, 2022 11:51am
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Comment by UniqueKitty on Jul 05, 2022 1:06pm
  BLOODY BRILLIANT !!! Disposal of this NON-CORE asset represents a successful execution of a strategic transition to streamline AUXLY's operations. The sale of just the indoor facility in Kentville for $6mil not only puts cash into the books but it also means Auxly still holds 158 acres of prime farm land at Hortonville in Nova Scotia's, Annapolis Valley. That ...more  
Comment by bull_runz on Jul 05, 2022 1:34pm
I'm so happy with this news I bought a lot more shares! ;)
Comment by stockman2021 on Jul 05, 2022 4:01pm
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Comment by stockman2021 on Jul 05, 2022 3:59pm
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Comment by CallingOutTheBS on Jul 06, 2022 12:46pm
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