Auxly Stock is Unable to Gain Strength, So What Next?

Auxly stock

Auxly stock has been consolidating over the past couple of months within a range of $0.54–0.65. Let’s analyze the recent developments from Auxly Cannabis Group Inc (TSXV:XLY) (OTCQX:CBWTF).

Key Developments

Over the past year or so, a wide range of cannabis companies have come into existence after marijuana was legalized in Canada and in some states in the United States. The industry has grown, and over the past year, many new companies have come into the business, while others have changed their entire business model in order to make profits. Auxly Cannabis Group is one such ...

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