Auxly Cannabis Group Inc (CBWTF)

[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/