Auxly Q3 sales jump 18%, but cash remains a concern

Green Market Report
By Adam JacksonNov 8, 2024, 11:09 am48 pts
Auxly Cannabis Group (TSX: XLY) (OTCQB: CBWTF) hit record quarterly sales and strengthened its position in the Canadian market, even as liquidity concerns continue to shadow the producer. Net revenue jumped 18% to C$33.3 million in the third quarter ending Sept. 30, the Toronto-based company said Friday. Auxly…

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