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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

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Post by settoretire on Aug 29, 2023 8:00pm

Kaput

Auxly is done. End of story
Comment by BayStreetWild on Sep 05, 2023 6:39pm
If a share consolidation had taken place, given renewed current cannabis interest, then Auxly today would be soaring in both price and soon.. would be swimming in money... What bunch of maroons voted it down? Either hedge funds with a larger short position than a long position or truly stoooopid retail investors. 
Comment by settoretire on Sep 05, 2023 9:21pm
Agree to disagree.  Management has dropped the ball. If they really believed in their product, they would have supported the SP at, or around bare minimum $1 Their options and salary gives them the opportunity to make Auxly stand out amongst its peers. They chose "not" to support, so the market has full control of the SP. IMO, this shows lack of believability in their own product ...more  
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