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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 > Shifting Sector Sentiment ??
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Post by UniqueKitty on Aug 08, 2022 11:45am

Shifting Sector Sentiment ??

Prices are rising this morning across the Mj sector. Is this the start of a long overdue shift in sentiment that the Mj sector sorely needs?

Even WEED is climbing after reporting a more than $2Billion loss in their last quarter that related mostly to their shuttering C3 at a cost of about $1.5Billion. Holy shyte!!!!

...and people her have the gall to bische'bout Auxly mismanaging money. FFS!!

A good time for an earnings release if sentiment is turning. Provided they can adhere to the plan, AUXLY's only a few good months away from reporting EBITDA positive. !!

With respect the question from SCQuin as to who wins when Auxly fails?? That question assumes a zero sum game embedded an a predisposition of a negative outcome. It's commonly referred to as a loaded question. Not exactly an objective approach. We now know what team Quins on. FINALLY !! Tell you what SCQuin. I'll answer your question but first you have to answer just one of the many I have asked you over the last two years. Seems you're  always asking but never answering.

Anybody!?! Wanna throw down a projection or estimate of REVs and EBITDA for Auxly's Q2-2022 to be reported pre-market, Monday, August 15, 2022. 

https://auxly.com/?post_type=post&p=1432

Already laid my projection down 2 weeks ago.

cheers

Comment by Investorpedia on Aug 08, 2022 12:20pm
One or two days does not a market make. Historically, always a run-up just before earnings release. MJ sector still in the "weeds". You know my story. It's always been a "wait and see". It's still currently a bottom scraper with heavy debt. Perhaps XLY can auto-majically pull out of this tailspin by adding a little glue to their wings. LOL
Comment by SCQuin on Aug 08, 2022 6:39pm
Kitty, Q2 will be like Q1. The 75% drop in SP after Q1 shows how the market feels ...this was confirmed by the last "standby facility". Since the beginning Auxly has been throwing money at the wall without a business plan or any accountability. The time has come has come to pay the piper....who wins?
Comment by UniqueKitty on Aug 09, 2022 12:28pm
  Hmmm.. Okay, SCQuin. If that's the best you have to offer I guess I can work with it. I take it 'Q2 will be like Q1' means NETRevs of about C$22.5mil.? cause I know you're  not suggesting another 147% improvement over the same quarter last year. You could be right. Would that suck?! The drop in SP is as much or more a factor of a decline in market sentiment ...more  
Comment by bowmore on Aug 09, 2022 5:24am
Did anyone notice the AGM presentation on slide 10. Q1 market share 6.9 Q1 2.0 share 12.7 Q1 vape share 20.0 On slide 11 the first half of Q2 (2 months out of 3) Q2 market share 5.5 Q2 2.0 share 11 (slightly below) Q2 vape share 16 (slightly above) Am I reading this correctly? So Auxly continue to loose significant market share in Q2. I know they mentioned in the Q1 call that competitors are ...more  
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