Auxly stock has been through the wars in 2019. Plenty of shareholders are wiping their hands of Auxly Cannabis Group (TSXV:XLY) (OTCQX:CBWTF) because of poor performance, questionable licensees, and concern for the company’s ability to last long enough to actually return on its streaming business model.
But the company recently received a potentially new lease of life in the form of a $123 million CAD investment from global tobacco giant Imperial Brands (OTCQX:IMBBF).Auxly Stock and Imperial Brands
For that investment, Imperial received roughly 20% of Auxly Cannabis Group, which is a lot when ...
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