Hugo Alves

In an apparent move to cut costs, Canadian producer Auxly Cannabis Group Inc. (TSX: XLY) (OTCQX: CBWTF) has closed two cultivation facilities in Nova Scotia. The company announced Monday that it shuttered its Robinsons facilities in Kentville and Hortonville and will...

Auxly Cannabis Group Inc. (TSX-XLY) (OTC: CBWTF), a cannabis-focused consumer packaged goods company, said Monday that it has acquired 100% ownership of Sunens Farms Inc. Acquisition Details Under the terms of a share purchase agreement between the Toronto-based company and Peter Quiring, the...

On Monday, Auxly Cannabis Group Inc. (TSX: XLY) (OTCQX: CBWTF) disclosed its third-quarter total net revenue of CA$24.5 million ($19.5 million), which is up 95% year over year and 17% sequentially. The cannabis-focused consumer packaged goods company also reported it has...

Auxly Cannabis Group Inc. (TSX.V - XLY) (OTCQX: CBWTF) released its second-quarter financial results with total adult-use cannabis sales in Canada of CA$20.9 million ($16.62 million) compared to CA$6.87 million in the same quarter of last year. The net revenue figures comprised...

Cannabis-focused consumer packaged goods company Auxly Cannabis Group Inc. (TSX: XLY) (OTCQX: CBWTF) on Tuesday announced the implementation of amendments to particular provisions of its previously issued debenture with tobacco giant Imperial Brands PLC. Back in 2019, Imperial had ...

Auxly Cannabis Group Inc. (TSX - XLY) (OTCQX: CBWTF) reported Friday its financial results for the first quarter of the year, with a net loss of $10.49 million, compared to a net loss of $12.74 million in the same period a year ago. Q1 Key Figures Net loss per common share was $0.01, compared to...

Auxly Cannabis Group Inc. (TSX: XLY) (OTCQX: CBWTF) completed an $8 million private placement offering of units, with ATB Capital Markets Inc. acting as the only agent. Under the offering, the vertically-integrated cannabis company issued 23.88 million units of the company with a price of $0....

Phyto Extractions Announces Departure Of Interim CEO Phyto Extractions Inc., formerly known as Adastra Labs Holdings Ltd., (CSE: XTRX) (FRA: D2EP), said last Friday it had parted ways with J. Scott Munro, the company’s interim CEO and director. Munro, who said he wanted to pursue “new...