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Auxly Announces Repayment of Approximately 97% of Its Unsecured Convertible Debentures Due January 16, 2020

Auxly Cannabis Group Inc. today announced that, further to the Company's October 18, 2019 press release, certain holders of the Company's remaining 6% unsecured convertible debentures in the principal amount of $98,690,000 maturing on January 16, 2020 (the "Debentures") elected to either convert or amend their Debentures, resulting in $95,425,174 of debt; and (ii) the conversion of $15,985,826 int

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Auxly Receives Licences to Sell Cannabis Extracts, Edibles and Topicals; Submits New Product Notifications for More Than 80 Cannabis Product SKUs to Health Canada

Auxly today announced that its wholly-owned subsidiaries, Dosecann Inc. (“Dosecann”) and Kolab Project Inc. (“Kolab”), have received amendments to their respective oil sales licences from Health Canada. These amendments authorize Dosecann and Kolab to sell cannabis extracts, edibles and topical products to the Canadian market. The Cannabis Regulations require licenced processors to submit a notifi

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Auxly Announces Proposed Reduction to Conversion Price of 6% Unsecured Convertible Debentures Due January 16, 2020

Auxly Cannabis Group Inc. today announced that it has received approval from the TSX Venture Exchange (the "TSXV") to amend the conversion price under its 6% unsecured convertible debentures in the principal amount of $100,000,000 maturing on January 16, 2020 (the "Debentures") from $1.55 per share to $0.74 per share. The Company will provide written notice (the "Notice") to holders of Debentures

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“Auxly’s industry knowledge, proven track record, and their strength and diversity of expertise… made us not only want to work with them, but to be a part of them.”
Andrew Robinson, Robinsons Cannabis