Auxly stock has struggled since reporting a wider than expected net loss for the full year ended December 31st, 2018. It was a net loss of -$66,988 or $0.14 a share, compared to a net loss of -$18,177 for FY 2017. That big a loss appears to have spooked investors.
Auxly Cannabis Group Inc. (TSXV:XLY) (OTCQX:CBWTF) has found its upside action significantly limited, even when the broader cannabis sector is turning bullish.
Despite underperforming on the earnings front, Auxly’s revenue growth was actually positive. The company ended up with revenues of $537,000 in 2018, ...
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