Auxly Stock Up 2% After Announcing Signing of $84 Million Term Sheet

Auxly stock

Two days after Bruce Campbell, who is a portfolio manager, said Auxly Cannabis Group (TSXV:XLY) (OTCQX:CBWTF) is making smart deals, the British Columbia-based company announced the signing of a term sheet for a syndicated credit facility. It is yet another move in the company’s model to secure leading research and development infrastructure. On the news, Auxly stock is up nearly 2%.

Here’s what we know.

Auxly Stock Trades Up on News of $84 Million Term Sheet

Ever since Imperial Brands (OTCQX:IMBBY) announced in July that it will be investing $123 million in the company, ...

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