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Benzinga
Benzinga
Business
Maureen Meehan

Auxly Closes Down Two Cannabis Facilities In Nova Scotia

Auxly Nova Scotia

In an apparent move to cut costs, Canadian producer Auxly Cannabis Group Inc. (TSX:XLY) (OTCQX:CBWTF) has closed two cultivation facilities in Nova Scotia.

The company announced Monday that it shuttered its Robinsons facilities in Kentville and Hortonville and will focus on simplifying its cultivation platform and achieving its goal of becoming EBITDA-positive in the first half of the year.

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