Expecting to have production capacity of 160,000 kg, with CAD 236 million in cash and only an enterprise value of $202 million, Auxly Cannabis (CBWTF) seems undervalued. Comparing the enterprise value and the expected production capacity of larger competitors, CBWTF should have larger enterprise value. Market participants should be expecting the enterprise value to increase quite a bit as the production capacity increases and revenues commence to flow.
Business
Founded in 1987, Auxly Cannabis is a vertically integrated cannabis company.
Source: Company’s Website
The company expects to have fully funded capacity of 160,000