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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 > Imperial invested $127 Million at $0.81 per share in 2019 !!
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Post by 1hot-techwoman on Nov 16, 2022 7:09am

Imperial invested $127 Million at $0.81 per share in 2019 !!

So do they buy the rest of the company now for nothing???


https://www.globenewswire.com/news-release/2019/07/25/1887830/0/en/Auxly-Welcomes-123-Million-Investment-and-R-D-Partnership-with-Imperial-Brands.html
Comment by WashingShares on Nov 16, 2022 1:34pm
This post has been removed in accordance with Community Policy
Comment by CorpFMan79 on Nov 16, 2022 3:01pm
Imperial loqned the company $127MM. They have the option to convert it to shares at $0.81. The lack of umderstanding on this deal is why shareholders have lost money.
Comment by WashingShares on Nov 16, 2022 4:18pm
This post has been removed in accordance with Community Policy
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