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

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Auxly Cannabis Group Inc > Wasted Weed?

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Post by SCQuin on Jan 10, 2024 3:55pm

Wasted Weed?

It makes you wonder where all of this weed really went.??

https://hightimes.com/news/wasted-weed-canadas-disposal-of-3-7-million-pounds-of-cannabis-since-2018/

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Comment by settoretire on Jan 10, 2024 5:13pm

Just a question to anyone. Does wasted weed as stated by the Gov of Canada in this statement, give the Company the option to show the amount destroyed as a capital loss, and is the amount reflected on profit/loss statements by all Weed companies? Would make a huge difference on financials if allowed, don't you think? MJBizDaily estimates that more than 1.7 billion grams (3.7 million pounds ...more

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Comment by SCQuin on Jan 10, 2024 8:00pm

Canada is awash in weed; Anyone can grow some weed Folks with a medical permit can grow as much as they like Illegal operators can can buy, grow, sell as much as they like without challenge LPs are punished for compliance Only Govt agencies are profitable Tons of legal overproduction is burned adding to the carbon climate crisis Just kidding but you get the idea ...more

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