r/auxlycannabis

Auxly announces results of annual shareholders meeting. https://www.newswire.ca/news-releases/auxly-announces-results-of-annual-general-and-special-meeting-of-shareholders-889006931.html

reddit.com
u/Jealous-Inspection11 — 5 days ago

Listened to the call.. My takeaways and musings

Reiterating positive outlook and great recent results. Fairly banal.

  1. Authorizing the BOD to do the split passed. I believe up to 23 -1? shares. So they are just giving themselves the option. Personally assuming they will split when the have the uplist all lined up and the most efficient ratio calculated.
  2. Mentioned they had "started buy backs" and will continue. So that accounts for some of the volume and could reasonably expect some more. Definitely need retail to join the party.

I appreciate the professionalism. All the numbers sound great and this thing is very undervalued relative to industry comps. They are a well oiled machine at this point and they are laser focused on their current footprint. Which is good for now.

Americans look poised to flip the house and senate, so there is going to be a push to legalize state by state, then maybe nationwide with more green friendly leadership in the next two years. The states are ready for this and it is very populist.

Sounds like they are planning a little capex to further improve margins particularly with pre-roll. They are going to be leaning into imperial for international expansion. Sounds like a solid partner/owner. Wonder how the margins look outside of footprint.

Petty complaint is I cant stand the amount of times Hugo mentioned "innovation." Its a buzzword they think analysts like. They are trying new higher premium lines with Southpoint. Thats all. Seems to be going well. Just reminds me of calls that over mention "vertical integration" or "flywheels" or something.

Keep smoking and buying Canada

reddit.com
u/pittluke — 7 days ago

If there is a reverse split the company should also remove founder restrictions from the ancient past.

Mine is an odd situation but it has been deeply unfair to me and my family. Please remove the restrictions.

reddit.com
u/Ancient_Feed_6985 — 8 days ago
▲ 13 r/auxlycannabis+2 crossposts

Auxly remarkable 465% gainer in 2 Years no other competitors come close to that performance

Below are the competitors all performed poorly in the last 2 years. They are all in a negative %

Canadian Licensed Producers

OGI 33%
TLRY 73%
CGC 85%
ACB 39%
HITI 6%

US MOS

GTBIF 31%
CURLD 5%
CRLBF 48%

TRLV is up only 5% due to Anthony Varrell’s efforts a co host of TDR podcast and also major shareholder of TRLV everyday try to pump up TRLV stock value. On the other hand in the last two years Auxly name only mentioned 2 times during his podcast.

reddit.com
u/Even_Fennel6430 — 7 days ago

Whiplashed! Yet not A-gain …. Again

Auxly, Auxly, Auxly
Languishing now for about a year.
At least before we knew the reasons for heading to the basement.
But this up 3.5 cents on 3 + million trades Monday to below where we started the week by Wednesday close has me seeking the help of a good Physio! I got me a case of Auxly Whiplash my friends.

reddit.com
u/URmyArchAngel — 13 days ago