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Although 2021 has been a mixed year for the cannabis sector from a performance standpoint, the year has been highlighted by a wave of mergers and acquisitions (M&A).  We are favorable on this trend and believe that companies which are completing strategic and accretive acquisitions are better positioned to capitalize…

Last week, we highlighted a few large-scale Canadian Licensed Producers (LPs) that were getting ready to report quarterly financial results as earnings season is starting to kick into high gear for the cannabis industry.  This week, we want to issue an update on three mid-tier or craft Canadian LPs that…

During the last year, there has been a substantial increase in the amount of cannabis 2.0 products that are available for sale in Canada.  The growth of this vertical has served as a catalyst for many Canadian Licensed Producers (LPs), retail outlets, and brands. Going forward, we expect the cannabis…

Earlier this week, Auxly Cannabis Group Inc. (XLY.V) (CBWTF) released second quarter financial results and reported impressive growth on a quarter-over-quarter and a year-over-year basis. The Canadian cannabis producer has been highly focused on Canada’s recreational market and generated more than $20 million of revenue in the second quarter. This…

Auxly Cannabis Group Inc. (TSX - XLY) (OTCQX: CBWTF) a leading consumer packaged goods company in the cannabis products market, is pleased to announce the implementation of amendments to certain provisions of its previously issued $123 million debenture and investor rights agreement dated September 25, 2019 with its strategic partner,…

Auxly Cannabis Group Inc. (TSX: XLY) (OTCQX: CBWTF) is pleased to announce that it has entered into an agreement pursuant to which ATB Capital Markets Inc., as sole bookrunner, and Cantor Fitzgerald Canada Corporation, acting as co-lead underwriters of the Offering, together with a syndicate of underwriters, will purchase 47,620,000…

Auxly Cannabis Group Inc. (TSX - XLY) (OTCQX: CBWTF) today released its financial results for the three months ended March 31, 2021. These filings and additional information regarding Auxly are available for review on SEDAR at www.sedar.com. Q1 2021 Highlights and Subsequent Events Recorded net revenues of $10M for the…

Less than a month after Auxly Cannabis Group Inc. (TSX - XLY) (OTCQX: CBWTF) released fourth quarter financial results, the Canadian cannabis consumer packaged goods (CPG) company appointed Andrea Fraser as Chief People Officer (CPO).  As CPO, Andrea will lead all aspects of human resources (i.e crafting talent acquisition strategies,…

Earlier this week, Auxly Cannabis Group Inc. (XLY.V) (CBWTF) released fourth quarter and full year financial results and the market responded to the numbers. During the quarter, the Canadian cannabis company reported to have generated $18.3 million of net cannabis revenue. When compared to the same period last year, revenue…

Auxly Cannabis Group Inc. (TSX ‐ XLY) (OTCQX: CBWTF) ("Auxly" or the "Company"), a consumer packaged goods company in the cannabis products market, today released its fourth quarter and full year 2020 financial results. These filings and additional information regarding Auxly are available for review on SEDAR at www.sedar.com. All amounts are…