Auxly
We are a group of cannabis enthusiasts, entrepreneurs, CPG professionals, researchers and scientists
Celebrating 6 Years of Cannabis Freedom. Growing Together and Cultivating Change!
Auxly released its Q2 2024 financial results this morning, continuing to deliver unprecedented success and growth for the Company and establish new benchmarks across key metrics of revenue, margin and adjusted EBITDA. Highlights include: Net Revenues of $29.2M, a 33% increase year-over-year; An all-time record Gross Margin on Finished Cannabis Inventory Sold of 41%; Improved adj. EBITDA by over 580% compared to Q2 2023 reporting an all-time record of $5.2M; Continued leadership in the all-in-one v**e category with over 32% total market share in the category; and Secured two of the top five pre-roll SKU positions in national sales. Our CEO, Hugo Alves, also issued our inaugural letter to shareholders outlining our achievements in more detail, to read a copy and for more info on the quarter visit Auxly.com.
Auxly reports record Q1 2024 financial results. Highlights include: Achieved its best Q1 across key metrics of revenue, margin and adj. EBITDA; $25.2M in net revenue; Record gross margins for a Q1 period of 38%, and; Improved adj. EBITDA by 1,522% YoY. For more info visit Auxly.com.
Auxly is thrilled to announce the completion of conversion of over $123 million under the Imperial Brands debenture. For more information, please visit Auxly.com
Auxly reports its Q4 and year-end 2023 earnings. Highlights include: Achieving record net revenues of $101.1M; Securing industry leading gross margins of 34% in 2023 and 40% in Q4 2023; Reaching positive adjusted EBITDA of $1.5M, and; Maintaining its prominent position in Canadian cannabis recreational sales, exiting the year in the top 5 LP position with continued leadership and expansion in v**es, pre-rolls and dried flower. For more info, visit Auxly.com.
Auxly reports its Q3 2022 financial results.
Highlights include: a 28% increase in net revenue year-to-date, continued to rank among the top 10 LPs in Canada by total recreational sales, continued to leverage Auxly’s Leamington’s high-quality, large-scale, low-cost cultivation by increasing yields and potency, with 30+ new SKUs in the top product categories upcoming from Auxly Leamington, and the launch of new ultra-value brand Parcel.
To read more, please visit our website. https://auxly.com/news/auxly-reports-q3-2022-financial-results/
Auxly reports its Q2 2022 financial results.
Highlights include: a 31% growth in net revenue year-over-year, continued leadership in national cannabis 2.0 sales, a strengthened balance sheet with the sale of non-core assets, the launch of 27 new SKUs into the Canadian market during the first half of the year and Back Forty’s continued brand power in both v**e and dried flower.
To read more please click here: https://auxly.com/news/auxly-reports-q2-2022-financial-results/
Auxly is pleased to announce the sale of its Auxly Annapolis OG Inc. outdoor cultivation facility for total proceeds of $4.1 million. The Company has now received a cumulative $10.1 million for both its Nova Scotia cultivation assets.
For more information, click here: https://auxly.com/news/auxly-receives-4-1-million-on-sale-of-auxly-annapolis-outdoor-facility/
"As we look to continue our expansion into the growing edibles category, we've listened to our consumers and their requests for a more approachable and flexible dosing format," said Michael Lickver, President of Auxly.
Edi's is bringing the fun back into snacking with a bold and honest attitude that will speak to consumers looking to enjoy an edible snack while controlling their cannabis experience
Read more about it here: https://auxly.com/news/auxly-introduces-edis-by-foray-with-the-launch-of-large-pack-snackable-edibles/
Auxly Cannabis Group. This is Auxly. Auxly is creating a world-class platform for the cannabis industry.
In case you missed our 2022 Shareholder’s Annual General Meeting, we have uploaded a recording to our website: https://auxly.com/investors/ -2021-audio
Today we're announcing the sale of our Auxly Annapolis indoor cultivation facility for total proceeds of $6 million.
Please visit our site for the full release: https://auxly.com/news/auxly-receives-6-million-on-sale-of-auxly-annapolis-facility/
A reminder to shareholders wishing to attend Auxly’s upcoming Annual General Meeting in person on June 30th, 2022 to pre-register at [email protected].
For more information on how you can attend by audio teleconference click here:
https://auxly.com/news/auxly-announces-annual-general-meeting-of-shareholders/
President Mike Lickver and Team proudly accept Auxly’s award for “Licensed Producer of the Year” at last night's O'Cannabiz Conference & Expo Industry Awards Gala. This award recognizes LPs that provide outstanding service and high-quality products as voted by the cannabis industry itself.
The Auxly Family couldn’t be more proud.
Read more about it here: https://auxly.com/news/auxly-2022-licensed-producer-of-the-year/
Auxly reports its Q1 2022 earnings! Highlights include a 147% increase in net revenue year-over-year, continued leadership in the Cannabis 2.0 market, the launch of 10 new innovative SKUs and continued brand leadership with our Back Forty brand holding the #1 brand position nationally in v**es and growing brand awareness in the incredibly competitive flower market, securing the #4 brand position in the quarter.
Read the full filings on our website:
https://auxly.com/investors/
Our success as Canada's leading Licensed Producer starts with listening to the needs of our consumers. 🌱
Auxly Leamington, our state-of-the-art, large-scale greenhouse cultivation facility, allows us to exert full control in actioning consumer feedback for continual innovation from seed to table.
Celebrating our CEO, Hugo Alves, who was recognized by High Times Magazine in their annual list of the 100 most influential figures in the cannabis space!
https://hightimes.com/culture/the-high-times-100-of-2021/
In case you missed our Auxly Q4 2021 Earnings Call on March 31st, or would like to listen to the presentation again, a link is now available on our website.
Listen to the full recording here: https://auxly.com/investors/
Auxly reports its Q4 and year end 2021 earnings!
Highlights include a 79% increase in net revenue year-over-year, continued leadership in the Cannabis 2.0 market, including dominance in national v**e sales, and significant growth in dried flower and pre-roll categories - propelling the Company to the #5 LP position in Canada.
Read more on our website: https://auxly.com/news/auxly-2021-fourth-quarter-results
Foray's updated website helps consumers find their go-to products near them and more. Check out our new features at MyForay.com.
Foray Cannabis Everyday cannabis education made simple—let’s make the Foray together. Resources, products, and community designed to help Canadians See Cannabis Differently.
Auxly’s Back Forty has brought the world’s largest ice b**g to Ottawa, on display until Feb 27th, celebrating the launch is the Giveaway for consumers and budtenders across the country! Check it out and get FROSTED! https://www.facebook.com/110509194457073/posts/322229056618418/
Counting down to Valentine's Day! 💌
Foray Cannabis is helping consumers find true love starring our lonely Salted Caramel Chocolate Square. Check out the sweet displays of love to take you higher on Valentine's Day.
Check out Kolab Project's out-of-this-world video celebrating the new 132 Series soft chews.
Kolab Project's 132 Series soft chews are made from single-strain live resin combined with high-quality distillate for a full-spectrum experience.
https://fb.watch/aVm8zg2R_N/
Happy Lunar New Year!
Pick your lucky treat from Foray’s Tray of Togetherness and join in the celebration.
https://fb.watch/aVky7-Abiu/
Get cozy in style with our ‘Slay with Foray Giveaway,’ enter now for your chance to win limited edition Foray gear created by Peace Collective.
Chill out in style this winter...announcing our Slay with Foray Giveaway!
Enter for your chance to win pieces from our limited edition capsule collection created by Peace Collective. We're picking 5 lucky winners to stay warm in true Foray fashion!
Our five lucky winners will each receive:
🔥A Foray long sleeve tee
🔥 A Foray Toque
Hurry up and enter for your chance to win! We slay in Foray 🔥
HOW TO ENTER:
👉 Make sure you’re already following us on Facebook or Instagram to "like" the contest post.
👉 Tag your best bud you chill out with, or
👉 Comment with an emoji that best represents your favourite Foray edible 🍁🍎🍫
Multiple entries are allowed so start tagging and let's slay in Foray! 🔥
Five winners will be randomly selected. No purchase necessary. Deadline for submissions is 11:59PM on Monday, January 31st, 2022. The contest is open to residents of Canada (excluding Quebec). Must be of legal age to purchase cannabis in your province. Chance of winning varies by number of entries. No limit on number of entries per person. Prize pack valued at $100.00
Full terms and conditions: chill.myforay.com
Our CEO, Hugo Alves joined a dynamic panel discussion at ATB’s 10th Annual Institutional Investor Conference on Jan 13th discussing Canadian cannabis industry market trends and what’s in the pipeline for Auxly in 2022.
In case you missed it, view the full recording here: https://wsw.com/webcast/atb4/register.aspx?conf=atb4&page=panel13&url=https://wsw.com/webcast/atb4/panel13/1830684