Earlier this week, Mackie Research put out a “Buy” rating on Auxly Cannabis Group (TSXV:XLY) (OTCQX:CBWTF). The impetus for the bullish call was the company’s full 2018 results—released, March 29th. CBWTF stock is selling for $0.62 USD on the OTC at present.
Let’s check this out.
CBWTF Stock: Is it a Buy?Despite Q4 results that showed $747,000 in total revenues versus a net loss of $67.2 million, Greg McLeish from Mackie Research remains bullish about Auxly Cannabis Group.
The same evidently can’t be said for CBWTF stock investors—shares plunged shortly after ...
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