Auxly Cannabis Group Inc. Stock Analysis XLY.TO

Auxly Cannabis Group, Inc. engages in developing, manufacturing, and distributing branded cannabis products for wellness and recreational consumers. The company is headquartered in Toronto, Ontario and currently employs 446 full-time employees. The company went IPO on 2001-08-20. Its brands include Foray, Kolab Project, Back Forty, Dosecann, and Parcel. Foray is a versatile, modern, and inviting cannabis brand, designed for the curious. Kolab Project offers a refined collection of cannabis products and design-focused, purposeful goods. The firm also engages in wholesale bulk cannabis transactions with various licensed producers in Canada. Its subsidiaries are Auxly Charlottetown Inc., Auxly Ottawa Inc. and Auxly Leamington Inc. Its primary Cannabis 2.0 Product development, manufacturing and R&D activities are conducted by its subsidiary Auxly Charlottetown Inc. at a cannabis processing facility located in Charlottetown, Prince Edward Island. Auxly Ottawa Inc. holds licenses for cultivation and processing under the cannabis act and conducts the Company’s primary dried flower and pre-roll manufacturing.