Auxly Cannabis Group Inc (CBWTF)

[jokerwild477]

gfdjutgjiyft

[Brucebannerr]

IP has people sitting on the board of directors of auxly.
You think they dont know whats going on ? This is going higher . They thought
.81 a share was worth it.

[Brucebannerr]

Imperial brands converted debt to shares at .81 cents a share and the stock was trading under 2 cents !
Bring it on they aren't stupid .
Thats a huge endorsement.

[fung_derf]

Geez!! I am always amazed how people can continually be wrong and still be arrogant. I keep searching for a stock you've been right on, but you're running out of boards.
This stock was at .695 when you made the post. Immediately made a free fall to .012 (sound familiar?)
Maybe you're just bad luck....or bad something.

lbird33

Re: TheGreatGreenRush post# 2085

Tuesday, December 11, 2018 5:20:34 PM

Post#
2087
of 3429
Easy money people. Don't let the stock chart fool you. This is a $10 stock in just a few shorts weeks.

Love that green rush that is about to happen.

Giddy up!!!!

[Beantime77]

Auxly is now EBITDA +
Auxly is the fastest growing LP currently in Canada 🇨🇦
I'm still loading the boat with CBWTF AUXLY CANNABIS GROUP SHARES

[Beantime77]

Still very bullish on CBWTF AUXLY CANNABIS GROUP. Crossed the million share count and I'll continue to load up at these discounted prices. Imo Auxly will be around for many years to come and investors with patience will reap the rewards 😀

[Beantime77]

Looks green to me ;) think I'll buy some more CBWTF Auxly Cannabis Group. I love the stock

[Beantime77]

Auxly Cannabis Group will surprise alot of people this year. Glad I've been accumulating and averaging down big time. I love this stock

[Pennyes]

Its game over for this Shitstock, 60Million+X2=118.7M losses, got to be kidding ahooos!!'

WTF Auxly.....a pathetic ponzhi schemer like most!!!!

Total other incomes and losses for the nine months ending September 30, 2022 of $66.4 million include the first quarter losses associated with the closure of the Auxly Annapolis and Auxly Annapolis OG facilities where the carrying value exceeds the fair value less cost to sell.

Net losses attributable to shareholders of the Company were $60.1 million for the three months ended September 30, 2022, representing a net loss of $0.07 per share on a basic and diluted basis. The net loss of $118.7 million through nine months of 2022 includes the net impact of approximately $25.7 million related to the closure of the Auxly Annapolis and Auxly Annapolis OG facilities during the first quarter of 2022.

[vinovista]

https://finance.yahoo.com/news/auxly-reports-q2-2022-financial-112500280.html

[Bonno]

Re-Doomed!!!


Cannabis Business Info Since 2011
Home / Canada
Auxly sells Nova Scotia outdoor cannabis farm for less than it invested
BonnoAugust 12, 2022
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Canadian marijuana operator Auxly Cannabis Group sold an outdoor cultivation site in Hortonville, Nova Scotia, for proceeds of 4.1 million Canadian dollars ($3.2 million) – significantly less than what it invested in the facility.

As of 2021, Auxly had spent roughly CA$11.4 million to build and develop the Auxly Annapolis OG outdoor cultivation facility and anticipated spending CA$3.5 million more to finish it, according to regulatory filings.

The sale to a private buyer comes shortly after Auxly sold its indoor cultivation site in Nova Scotia in July for proceeds of CA$6 million. That total was also less than Auxly spent on the facility.

Auxly, previously Cannabis Wheaton Income Corp., bought that indoor facility in a CA$14 million deal to acquire Robinson’s Cannabis in 2018.

The nearby outdoor site was announced in 2019.

Toronto-based Auxly closed both Nova Scotia facilities in February, resulting in the loss of 55 jobs.

At the time, Auxly disclosed that it “never commenced cultivation activities at (the outdoor site), instead utilizing the space for additional storage and processing capacity.”

The CA$10.1 million in proceeds from selling both Nova Scotia sites will be used “to support Auxly’s ongoing operations,” the company said in a Wednesday news release.

In a statement, Auxly CEO Hugo Alves said the company “committed to identifying opportunities to reduce costs, streamline operations and source additional capital in a non-dilutive way” as it aims for positive adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization).

Auxly shares trade as XLY on the Toronto Stock Exchange.

[Bonno]

Re-Doomed!!!


Cannabis Business Info Since 2011
Home / Canada
Auxly sells Nova Scotia outdoor cannabis farm for less than it invested
BonnoAugust 12, 2022
SHARE

Canadian marijuana operator Auxly Cannabis Group sold an outdoor cultivation site in Hortonville, Nova Scotia, for proceeds of 4.1 million Canadian dollars ($3.2 million) – significantly less than what it invested in the facility.

As of 2021, Auxly had spent roughly CA$11.4 million to build and develop the Auxly Annapolis OG outdoor cultivation facility and anticipated spending CA$3.5 million more to finish it, according to regulatory filings.

The sale to a private buyer comes shortly after Auxly sold its indoor cultivation site in Nova Scotia in July for proceeds of CA$6 million. That total was also less than Auxly spent on the facility.

Auxly, previously Cannabis Wheaton Income Corp., bought that indoor facility in a CA$14 million deal to acquire Robinson’s Cannabis in 2018.

The nearby outdoor site was announced in 2019.

Toronto-based Auxly closed both Nova Scotia facilities in February, resulting in the loss of 55 jobs.

At the time, Auxly disclosed that it “never commenced cultivation activities at (the outdoor site), instead utilizing the space for additional storage and processing capacity.”

The CA$10.1 million in proceeds from selling both Nova Scotia sites will be used “to support Auxly’s ongoing operations,” the company said in a Wednesday news release.

In a statement, Auxly CEO Hugo Alves said the company “committed to identifying opportunities to reduce costs, streamline operations and source additional capital in a non-dilutive way” as it aims for positive adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization).

Auxly shares trade as XLY on the Toronto Stock Exchange.

[vinovista]

https://www.marketwatch.com/story/cantor-fitzgerald-downgrades-auxly-cannabis-and-fire-flower-holdings-to-neutral-from-buy-2022-07-25?siteid=yhoof2

[gldlf]

VIRT and others trying to cover themselves at .05 and below.. Short squeeze coming when they can’t cover those shares

[gldlf]

CBWTF price point .30 cent price target. This stock will soar very soon!

[Bonno]

Auxly sells cannabis cultivation facility in Nova Scotia, yielding CA$6 million
Bonno
July 5, 2022
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Canadian producer Auxly Cannabis Group sold its Auxly Annapolis indoor cultivation site in Kentville, Nova Scotia, for total proceeds of 6 million Canadian dollars ($4.6 million).

Proceeds from the sale of the facility to an undisclosed “private purchaser” will be used “to support Auxly’s ongoing operations,” the company announced in a Tuesday news release.

“Being able to monetize this non-core asset to strengthen our cash position in a non-dilutive way is fantastic for the company and provides us with additional capital to support Auxly’s strategic objectives,” CEO Hugo Alves said in a statement.

Auxly shuttered the Kentville facility and another site in Hortonville, Nova Scotia, in February, cutting roughly 55 jobs.

The Hortonville facility, an outdoor cultivation site called Auxly Annapolis OG, is still up for sale, a company spokesperson told MJBizDaily.

Business leaders need reliable industry data and in-depth analysis to make smart investments and informed decisions in these uncertain economic times.

Toronto-based Auxly, then called Cannabis Wheaton Income Corp., acquired the Kentville facility from Robinson’s Cannabis in an all-stock deal that closed in 2018.

Auxly is attempting to achieve profitability on the basis of adjusted earnings before interest, taxes, depreciation and amortization (EBITDA).

The company reported an adjusted EBITDA loss of CA$5.6 million in its most recent quarter.

[MB1972]

At this point .40 cents looks/sounds good...only problem is i'm in @.60's....cant/wont add on to a loser trade....2X the shares since i bought in ..keep hearing how Auxly is #1 in edibles but still here under .10...smh

[BlueGreenPower]

Auxly Cannabis has 135 per cent upside, says Raymond James

“While as expected seasonally soft 1Q22 sales did impact XLY, the company maintained its #1 national position in Cannabis 2.0 sales, moved into the #4 position by total adult-use sales, and drove strong sales in its relatively newflower category,” Sarugaser said. “We expect sales will rebound in 2Q22 and escalate materially through 3Q and 4Q22, driven by a growing national market, XLY’s continued capture of market share, and XLY now having put some 1Q22 supply chain and flower availability headwinds in the rearview, for the most part.”

https://www.cantechletter.com/2022/05/auxly-cannabis-has-135-per-cent-upside-says-raymond-james/#

To me a .40 price target seems resonable considering they're the leader of Cannabis 2.0 and hold a 20% national market share in exploding vape sales. Now that Auxly has two Imperial connected board members the fat is getting cut and better business strategies are being adopted. Like acquiring 100% of Sunens which should drive down concentrate and flower costs now and in the future. Glad to see cannabis sales are increaasing in the current quarter for the next report. Fingers Crossed :) glta

Canadian cannabis sales rebound strongly in March to record CA$358.8M

https://mjbizdaily.com/canadian-cannabis-sales-rebound-strongly-in-march-to-record-ca358-8-million/

[BlueGreenPower]

**NEWS** AUXLY REPORTS Q1 2022 FINANCIAL RESULTS

Hugo Alves, CEO of Auxly, commented: "Amid intense and growing competition and seasonal buying trends in the Canadian cannabis market, Auxly continued to see strength in sales, increasing revenues 147% year-over-year. Though this quarter presented some ongoing supply chain and operational challenges preventing us from meeting consumer demands for our branded cannabis products, we believe we have taken the necessary steps to correct these issues for the coming quarters, allowing us to increase fill rates and continue with our exciting new product launches throughout the year. We continue to lead the market in cannabis 2.0 products and remain focused on building to leadership in dried flower and pre-rolls and improving our business to achieve our goal of reaching adjusted EBITDA profitability."

https://finance.yahoo.com/news/auxly-reports-q1-2022-financial-112000752.html

Looks like Auxly did some balance sheet house cleaning this quarter, which is never pretty, but sometimes necessary when rightsizing a company. Looks like many cannabis companies are using this quarter to write down previously overoptimistic acquisition evaluations. This quarter Auxly had $33 million in gross revenues, but excise taxes took a third of it. To me this is way too much to ask of cannabis companies in a nascent industry. This raises product prices and keeps the black market in business. Tax relief needed.

Still Auxly is #1 in cannabis 2.0 sales, and projecting EBITDA positive in 2022, where Aurora and Canopy are projecting 2023. On the conference call company execs are still big on automation lowering labor costs and speeding up supply to the provinces. Looking forward to the bigger summer/fall selling seasons to get Auxly to over the top. always imho glta

[vinovista]

https://finance.yahoo.com/news/auxly-reports-q1-2022-financial-112000752.html

[BlueGreenPower]

Expecting big gains from Back40 flower sales vinovista!!!

Everywhere I look online Back 40 pre-rolls and dried flower are bestsellers. People seem to love the wedding pie and animal mints from all the positive Reddit reviews they're getting. With the Sunens acquisition complete Auxly should be reporting 100% of its income on this upcoming quarterly. Have a feeling we will be pleasantly surprised with the results. Maybe even shocked :) Fingers Crossed!!!
Always imho glta

Take a whiff of this vinovista... Thanks for the update :)

https://www.instagram.com/p/CdV-LAauW75/

https://finance.yahoo.com/news/auxly-report-first-quarter-2022-113000336.html

https://www.vicemediagroup.com/cannabis-culture-is-mainstream-culture/

[vinovista]

https://www.otcmarkets.com/stock/CBWTF/news/AUXLY-TO-REPORT-FIRST-QUARTER-2022-FINANCIAL-RESULTS-ON-MAY-16-2022?id=356229

[vinovista]

The best report to date and we are down 6% on low volume.
Buy the rumor sell the news?
One wonders when they will program the bots to let this run.

[BlueGreenPower]

Hey vinovista, Auxly is definitely King of Cannabis 2.0 by a large margin. Really impressive that Auxly has a 23% market share for vapes in Canada. To me Cannabis 2.0 products like infused pre-rolls, vapes, and concentrates are the fastest path to profitability due to higher margins.

Looking forward to seeing many more infused products in 2022. How about infused milled flower for consumers that roll their own. Hopefully we get some guidance on current sales in the conference call this morning. Will update highlights after the call. Thanks for the link vinovista :) glta

The Company will host a conference call to discuss the results. The teleconference details are listed below:

Date: Thursday March 31, 2022

Time: 10:00 a.m. EST. Please dial in at least 10 minutes prior to the start time.

North American Toll Free: 1-888-664-6383

Audio Webcast URL:
https://produceredition.webcasts.com/starthere.jsp?ei=1535919&tp_key=5f2b492569

A replay of the teleconference will be available within 24 hours after the conclusion of the call on the Company’s website.

ON BEHALF OF THE BOARD

"Hugo Alves" CEO

https://www.globenewswire.com/news-release/2022/03/31/2413738/0/en/Auxly-Reports-Fourth-Quarter-and-Full-Year-2021-Financial-Results-and-Provides-Outlook-for-2022.html

[vinovista]

https://finance.yahoo.com/news/auxly-reports-fourth-quarter-full-112000375.html

[vinovista]

https://finance.yahoo.com/news/auxly-report-fourth-quarter-full-201500610.html

[BlueGreenPower]

Auxly vs Aurora

Aurora just reported $14.8 million in consumer cannabis net revenue, and $45.7 million in medical net revenue.

It's not a apples to apples comparison since Aurora has a medical division and Auxly doesn't. On the comparable consumer numbers Auxly last reported $24.5 million total quarterly net revenues, or 40% more than Aurora's $14.8 million. Auxley's percentage over Aurora may have increased even more from the consumer holiday spending to be revealed in their upcoming Q4 report. Just goes to show that smaller asset light cannabis companies can compete with asset heavy companies if they're smart. Wouldn't be surprised if Auxly overtakes Aurora by the end of 2022. Fingers crossed :) glta

https://www.newswire.ca/news-releases/aurora-cannabis-announces-fiscal-2022-second-quarter-results-835243824.html

https://www.visualcapitalist.com/cp/comparing-objects-in-our-solar-system-by-rotation-size-and-more/

[BlueGreenPower]

181 per cent upside to Auxly Cannabis, says Research Capital

“We view the streamlining of cultivation assets to be positive mainly due to three reasons,” Velagapudi said. “Firstly, this enables the company to turn relatively asset light. Secondly, the potential proceeds from the sale will boost the capital position. Thirdly, the cost savings from lower operating expenses will improve profitability.”

https://www.cantechletter.com/2022/02/181-per-cent-upside-to-auxly-cannabis-says-research-capital/#

Glad to hear Auxly is implementing automation in pre-rolls, which are labor intensive when handmade manually. If the first Reddit reviews are any indication Kolab's Live Terpene Sicks are a big hit with lots of likes. Infused pre-rolls are a major category in mature US markets, and just getting started Canada. To me the price target is way too low, and underestimates cannabis 2.0 market share. Believe 2022 will be a great year for concentrates!!! Fingers Crossed :) glta

Kolab Project - 232 Series Live Terpene Sticks - 27.9% THC

https://www.reddit.com/r/TheOCS/comments/sivw1i/kolab_project_232_series_live_terpene_sticks_279/

[BlueGreenPower]

**NEWS** Auxly Announces Cultivation Optimization Plan and Related Cost Savings Initiatives

TORONTO, Feb. 07, 2022 (GLOBE NEWSWIRE) -- Auxly Cannabis Group Inc. (TSX - XLY) (“Auxly” or the “Company”), a leading consumer packaged goods company in the cannabis products market, announced today that the Company has closed its Robinsons cultivation facilities located in Kentville and Hortonville, Nova Scotia, as the Company continues to focus its efforts on streamlining and simplifying its cultivation platform, reducing costs and achieving its goal of becoming adjusted EBITDA positive by the first half of this year.

https://finance.yahoo.com/news/auxly-announces-cultivation-optimization-plan-213000138.html

I liked this acquisition back in the day when outdoor looked like a good option to grow large amounts of low cost biomass for extracts. Now with Sunens Farms Auxley can greenhouse grow higher quality biomass year round. Smart move. imho glta

Looks like infused pre-rolls are the next big thing coming up...

https://mjbizdaily.com/flower-still-king-of-us-marijuana-market-though-supremacy-waning/

[BlueGreenPower]

This partnership with Fire & Flower sounds good...

Fire & Flower Launches E-Commerce Dispensaries for Canadian Licensed Producers’ Brands

"We're excited to engage directly with consumers through Fire & Flower's advanced consumer technology," said Andrew MacMillan, SVP Commercial, Auxly. "To successfully compete in today's competitive cannabis market, it is essential to understand purchase habits and preferences. Through our newly branded e-commerce dispensaries, not only can we track consumer activity right through to purchase and conversion, but most importantly, we are also delivering an enhanced experience of our brands. This direct-to-consumer online model will drive new opportunities to more effectively serve our expanding customer base and support our sales growth."

https://finance.yahoo.com/news/fire-flower-launches-e-commerce-123200457.html

This could provide more positive data driven outcomes based on real time sales of Auxly products. Like adjusting inventory product production to what's hot and what's not immediately. Also directing customers to Auxly's store should give them a more premium experience, with more ability to expand on product info.

Hey vinovista, Thanks for posting all the Auxly info :)

I've been watching and waiting for a good entry point. Not sure if this is it but I took a starter anyway. Like that Auxly is #1 in cannabis 2.0, which is good place to be. Expecting Canada's 15% 2.0 market share to quickly match California's 40% as more products roll out in 2022. To me Auxly is positioned well to profit as consumers switch from smoke to vapor. glta

Marijuana concentrate sales up 40% as more consumers turn to the product category

https://mjbizdaily.com/marijuana-concentrate-sales-up-40-percent-as-more-consumers-turn-to-the-product-category/

Auxly Maintains Top Position in 2.0, Dominates Vape Sales and Grows National Market Share Through 1.0 Expansion in 2021

https://www.globenewswire.com/news-release/2022/01/13/2366324/0/en/Auxly-Maintains-Top-Position-in-2-0-Dominates-Vape-Sales-and-Grows-National-Market-Share-Through-1-0-Expansion-in-2021.html

[vinovista]

I wouldn't be here if I didn't.
I also don't expect to get rich quick here as well.
This industry is in it's infancy.
I think its a long term play not short term.
There will be ups and downs.
No I didn't like the last dilution but lets see with the 10k what they did with it.

[gold4bear]

Do you honestly believe this stock can appreciate in value?

[vinovista]

From the SEDAR site:
For issuers that are not investment funds, the annual financial statements and auditor's report must be filed on or before 120 days after the end of the most recently completed financial year for a venture issuer and 90 days after the end of the most recently completed financial year for a non-venture issuer. Interim financial statements must be filed on or before 60 days after the end of the interim period for a venture issuer and 45 days after the end of the interim period for a non-venture issuer. For issuer that are investment funds the annual financial statements and auditor's report must be filed on or before 90 days after the most recently completed financial year. The interim financial statements must be filed on or before 60 days after the end of the most recent interim period.

[vinovista]

Mid to late March. This is on the Canadian stock exchange so their rules are a bit different as far as I know. Typically they report at the end of the month the OTC market stocks are required.
I could be wrong.
https://www.investor.gov/introduction-investing/investing-basics/glossary/form-10-q#:~:text=The%20federal%20securities%20laws%20require%20publicly%20reporting%20companies,comply%20with%20a%20variety%20of%20other%20disclosure%20requirements.

[gold4bear]

when will 10k be available

[vinovista]

I want to see what the 10k shows.

[gold4bear]

I have quite a few shares-----Is this stock dead money-Please give reason for answer

[vinovista]

https://finance.yahoo.com/news/auxly-maintains-top-position-2-123000297.html

[vinovista]

This is an interesting article.

https://pubs.acs.org/doi/10.1021/acs.jnatprod.1c00946

[vinovista]

https://finance.yahoo.com/news/canada-budtenders-spoken-auxly-brands-141200000.html

[vinovista]

2.5 hours in and we are at 3x normal volume.

[vinovista]

https://www.otcmarkets.com/stock/CBWTF/news/Auxly-Reports-Third-Quarter-2021-Financial-Results?id=330771

[vinovista]

https://finance.yahoo.com/news/auxly-achieves-key-2021-target-123000607.html

[vinovista]

https://finance.yahoo.com/news/auxly-report-third-quarter-2021-113000641.html

[vinovista]

https://finance.yahoo.com/news/auxly-ends-third-quarter-2021-113000657.html

[vinovista]

https://www.otcmarkets.com/index/.OTCQXMJ?utm_source=Press%20Release&utm_medium=Press%20Release&utm_campaign=Quarterly%20Index%20Release

[vinovista]

https://finance.yahoo.com/news/kolab-project-launches-132-series-120000171.html

[MB1972]

Looking like Auxly is burning too much cash...we need sales & exposure...wonder what happened to the $$ they rec'd from British Tabacco Co....@.20 cents can we get any worst?

[vinovista]

Putt Putt Putt Putt Putt Putt Putt Putt Putt Putt Putt Putt.
When do we hit the accelerator?
Or when do we get news that takes the foot off the brakes?

[vinovista]

https://www.otcmarkets.com/stock/CBWTF/news/Introducing-Back-Forty-40s-Machine-Rolled-Straight-Pre-Rolls-with-High-Potency-Cannabis?id=316957