TORONTO, Ontario, August 14, 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 three and six months ended June 30, 2025. These filings and additional information regarding Auxly are available for review on SEDAR+ at www.sedarplus.ca. 

Financial highlights for the second quarter: 

• Net revenues of $38.8 million, an increase of 33% year-over-year 

• Gross Margin on Finished Cannabis Inventory Sold of 52%, compared to 41% in Q2 2024 

• SG&A of $10.3 million, an increase of 11% year-over-year 

• Adjusted EBITDA of $11.6 million or 30% of net revenue, an increase of 123% year-over-year 

• Net income of $8.3 million, an increase of 315% year-over-year 

• Cash flow from operations of $4 million 

• Cash at quarter end totalled $17 million. 

Balance sheet enhancement initiatives after the second quarter: 

• Amended senior debt, extended maturity, and added $10 million in new credit 

• Imperial Brands converted remaining debt into equity, reinforcing long-term support 

• Pro forma Total Debt to TTM Adjusted EBITDA of 1.4x 

• Pro forma net working capital at June 30, 2025 of $35 million. 

See definitions and reconciliation of non-GAAP measures elsewhere in this release. 

Commercial highlights for the second quarter: 

• #3 largest Canadian Licensed Producer with market share of 6.2% at quarter end1 

• Back Forty exited the quarter as the #1 cannabis brand in Canada 

• Liquid Imagination and Fire Breath 28g were the top two best-selling SKUs nationwide 

• Leader in the all-in-one vape category, holding 12 of the top 15 SKUs nationally 

• Maintained the #1 non-infused pre-roll brand in Ontario. 

Click here to view the full press release in PDF.