News Archive

Please direct media inquiries to press@auxly.com.
Auxly Reports 2024 Fourth Quarter and Full Year Results: Achieves Record Sales and Profitability, Back Forty exits 2024 as the #1 Brand in Canada 

TORONTO, Ontario, March 20, 2025 – Auxly Cannabis Group Inc. (TSX: XLY) (OTCQB: CBWTF) (“Auxly” or the “Company“) a leading consumer packaged goods company in the cannabis products market, today released its financial results for the fourth quarter and full year ended December 31, 2024. These filings and additional information regarding Auxly are available for […]
AUXLY REACHES NEW FINANCIAL MILESTONES IN RECORD-BREAKING Q3 2024 AND GROWS OVERALL NATIONAL MARKET SHARE 

 TORONTO, Ontario, November 8, 2024 – Auxly Cannabis Group Inc. (TSX – XLY) (OTCQ: CBWTF) (“Auxly” or the “Company“) a leading consumer packaged goods company in the cannabis products market, today released its financial results for the three and nine months ended September 30, 2024. These filings and additional information regarding Auxly are available for […]
AUXLY TO REPORT FOURTH QUARTER AND FULL YEAR 2023 FINANCIAL RESULTS ON MARCH 25, 2024

Auxly Cannabis Group Inc. (TSX: XLY) (OTCQB: CBWTF) (“Auxly” or the “Company“) announced today that it will report earnings results for its fourth quarter and full year ended December 31, 2023, on Monday March 25, 2024, before the financial markets open. The Company will not host an earnings conference call and the Company does not anticipate reinstating earnings conference calls until further notice. All investor inquiries should be directed to IR@auxly.com. ON BEHALF OF THE […]
Auxly Announces Non-Binding Term Sheet to Extend Auxly Leamington Credit Facility for Up to 3 Years and Third Interim Extension

TORONTO, Jan. 3, 2024 /CNW/ – Auxly Cannabis Group Inc. (TSX: XLY) (OTCQB: CBWTF) (“Auxly” or the “Company“), a leading consumer packaged goods company in the cannabis products market, today announced that it has signed a non-binding term sheet to amend and restate the credit facility (the “Credit Facility“) between its wholly-owned subsidiary Auxly Leamington Inc. and a syndicate of lenders, […]
AUXLY ANNOUNCES SECOND INTERIM EXTENSION OF AUXLY LEAMINGTON CREDIT FACILITY

TORONTO, Nov. 30, 2023 /PRNewswire/ – Auxly Cannabis Group Inc. (TSX: XLY) (OTCQB: CBWTF) (“Auxly” or the “Company“), a leading consumer packaged goods company in the cannabis products market, today announced that it has received a second interim extension of the maturity date of the amended and restated credit facility between its wholly-owned subsidiary Auxly Leamington Inc. and a syndicate of […]
Auxly Reports Q3 2023 Financial Results

TORONTO, Nov. 13, 2023 /PRNewswire/ – Auxly Cannabis Group Inc. (TSX: XLY) (OTCQB: CBWTF) (“Auxly” or the “Company“) today released its financial results for the three and nine months ended September 30, 2023. These filings and additional information regarding Auxly are available for review on SEDAR at www.sedar.com. All amounts are Canadian dollars except common shares (“Shares“) and per Share amounts Q3 2023 […]
AUXLY TO REPORT THIRD QUARTER 2023 FINANCIAL RESULTS ON NOVEMBER 13, 2023

TORONTO, Nov. 6, 2023 /PRNewswire/ – Auxly Cannabis Group Inc. (TSX: XLY) (OTCQB: CBWTF) (“Auxly” or the “Company“), a leading consumer packaged goods company in the cannabis products market, announced today that it will report earnings results for its third quarter 2023 ended September 30, 2023, on Monday, November 13, 2023, before the financial markets open. The Company will not host an earnings […]
AUXLY ANNOUNCES INTERIM EXTENSION OF AUXLY LEAMINGTON CREDIT FACILITY

TORONTO, Sept. 29, 2023 /PRNewswire/ – Auxly Cannabis Group Inc. (TSX: XLY) (OTCQB: CBWTF) (“Auxly” or the “Company“), a leading consumer packaged goods company in the cannabis products market, today announced that it has received an interim extension of the maturity date of the amended and restated credit facility between its wholly-owned subsidiary Auxly Leamington Inc. and a syndicate of […]
AUXLY TO REPORT SECOND QUARTER 2023 FINANCIAL RESULTS ON AUGUST 14, 2023

TORONTO, Aug. 8, 2023 /PRNewswire/ – Auxly Cannabis Group Inc. (TSX: XLY) (OTCQB: CBWTF) (“Auxly” or the “Company“), a leading consumer packaged goods company in the cannabis products market, announced today that it will report earnings results for its second quarter 2023 ended June 30, 2023, on Monday, August 14, 2023, before the financial markets open. The Company will not host an earnings […]
IMPERIAL BRANDS PLC EXTENDS $123 MILLION CONVERTIBLE DEBENTURE AND AUXLY IMPLEMENTS BOARD AND MANAGEMENT CHANGES

TORONTO, July 26, 2023 /PRNewswire/ – Auxly Cannabis Group Inc. (TSX: XLY) (OTCQB: CBWTF) (“Auxly” or the “Company“), a leading consumer packaged goods company in the cannabis products market, is pleased to announce an agreement with its strategic partner, Imperial Brands PLC (“Imperial Brands“) to amend certain provisions of its previously issued $123 million debenture (the “Debenture) dated September 25, 2019 as amended on July 6, 2021 (the […]
AUXLY ANNOUNCES RESULTS OF ANNUAL GENERAL AND SPECIAL MEETING OF SHAREHOLDERS

TORONTO, June 29, 2023 /PRNewswire/ – Auxly Cannabis Group Inc. (TSX: XLY) (OTCQB: CBWTF) (“Auxly” or the “Company“) announced today the voting results from its annual general and special meeting of shareholders held on June 29, 2023 (the “Meeting“). A total of 66,201,529 common shares of the Company, representing 6.56% of the issued and outstanding common shares of the Company, were voted in connection […]
Auxly Furthers Manufacturing Optimization Plan and Related Cost Savings Initiatives

TORONTO, May 30, 2023 /PRNewswire/ – Auxly Cannabis Group Inc. (TSX: XLY) (OTCQB: CBWTF) (“Auxly” or the “Company“), a leading consumer packaged goods company in the cannabis products market, announced today that it has transitioned all remaining dried flower and pre-roll cannabis product manufacturing, processing and distribution activities from its Auxly Ottawa facility to Auxly Leamington, where these activities are already […]
AUXLY TO REPORT FIRST QUARTER 2023 FINANCIAL RESULTS ON MAY 15, 2023

TORONTO, May 8, 2023 /PRNewswire/ – Auxly Cannabis Group Inc. (TSX: XLY) (OTCQB: CBWTF) (“Auxly” or the “Company“), a leading consumer packaged goods company in the cannabis products market, announced today that it will report earnings results for its first quarter 2023 ended March 31, 2023, on Monday, May 15, 2023, before the financial markets open. The Company will host a conference call to […]
Auxly Reports Forth Quarter and Full Year 2022 Financial Results and Provides Outlook for 2023

TORONTO, March 31, 2023 /CNW/ – Auxly Cannabis Group Inc. (TSX: XLY) (OTCQB: CBWTF) (“Auxly” or the “Company“) today released its financial results for the three and twelve months ended December 31, 2022. These filings and additional information regarding Auxly are available for review on SEDAR at www.sedar.com. All amounts are Canadian dollars except common shares (“Shares“) and per Share amounts. 2022 […]
AUXLY TO REPORT FOURTH QUARTER AND FULL YEAR 2022 FINANCIAL RESULTS ON MARCH 31, 2023

TORONTO, March 27, 2023  /PRNewswire/ – Auxly Cannabis Group Inc. (TSX: XLY) (OTCQB: CBWTF) (“Auxly” or the “Company“), a leading consumer packaged goods company in the cannabis products market, is pleased to announce that it will report earnings results for its fourth quarter and full year ended December 31, 2022, on Friday March 31, 2023, before the financial markets open. The Company will […]
Auxly Announces Closing of $3.36 Million Private Placement

TORONTO, Feb. 15, 2023 /CNW/ – Auxly Cannabis Group Inc. (“Auxly” or the “Company“) (TSX: XLY) (OTCQB: CBWTF) is pleased to announce that it has closed its previously announced private placement for 96,000,000 common shares of the Company (“Common Shares“) at a price of $0.035 per Common Share and 96,000,000 Common Share purchase warrants (“Warrants“), with each Warrant entitling the investors […]
Auxly Introduces Edi’s by Foray with the Launch of Large-Pack, ‘Snackable’ Edibles

TORONTO, Aug. 2, 2022 /CNW/ – Auxly Cannabis Group Inc. (TSX: XLY) (“Auxly” or the “Company“), a leading consumer packaged goods company in the cannabis products market, is thrilled to introduce a new extension to its Foray brand: Edi’s. While keeping true to Foray’s pedigree of approachability and accessibility, Edi’s is bringing the fun back into snacking with a bold […]
Auxly Extends Standby Facility Convertible Debentures to August 15, 2024

TORONTO, June 23, 2022 – Auxly Cannabis Group Inc. (TSX: XLY) (“Auxly” or the “Company“), a leading consumer packaged goods company in the cannabis products market, is pleased to announce that it has amended and restated the unsecured convertible debentures in the capital of the Company (“Original Convertible Debentures“) issued under its standby facility (the “Standby Facility“) with an […]
Auxly Acquires 100% Ownership of Sunens and Amends Credit Facility

—Auxly acquires remaining equity interest and secures 100% ownership of Sunens Farms Inc. —Currently utilizing output from Sunens in its 1.0 and 2.0 cannabis products, including Ontario’s current top-selling dried-flower SKU, Back Forty’s Wedding Piei —Provides immediate improvement to gross margins and reduces reliance on large-scale wholesale cannabis purchases —Amends and restates its credit facility […]
Kolab Project Launches 132 Series Live Resin Soft Chews, Canada’s First Live Resin Cannabis Edible

TORONTO, Sept. 29, 2021 — Today, Kolab Project announces the launch of 132 Series Live Resin Black Cherry Punch Soft Chews, Canada’s first cannabis-infused live resin edible. Kolab Project 132 Series Live Resin Black Cherry Punch Soft Chews are for cannabis enthusiasts who love the true-to-plant taste of cannabis, and are an extension of Kolab Project’s true-to-strain […]
Auxly Strengthens Financial Position with the Implementation of Amendments to Imperial Brands $123 Million Convertible Debenture and Sale of Curative Cannabis

TORONTO, Ontario, July 6, 2021 – Auxly Cannabis Group Inc. (TSX – XLY) (OTCQX: CBWTF) (“Auxly” or the “Company“) 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 (the “Debenture”) and investor rights agreement (the […]
Auxly Reaches an Agreement With Myconic Capital to Sell KGK Science For Up to $16.5 Million in Value

…announced today that it has entered into a definitive agreement with Myconic Capital Corp. (NEO: MEDI) (“Myconic”), an investment issuer with a diversified portfolio focused on emerging companies, pursuant to which Myconic will acquire all of the issued and outstanding shares of KGK Science Inc. (“KGK”) (the “Transaction”) for up to $16.5 million in value comprised of:
Auxly Reports Fourth Quarter and Full Year 2020 Financial Results and Provides Outlook for 2021

TORONTO, Ontario, April 26, 2021 – 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 Canadian dollars except common shares (“Shares”) and per Share amounts.