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Benzinga
Benzinga
Business
Jelena Martinovic

Auxly Reports Lower Than Expected Q3 Revenue, Expects To Benefit From Portfolio & Pricing Adjustments

Auxly

Auxly Cannabis Group Inc. (TSX:XLY) (OTCQX:CBWTF) released on Monday its financial results for the three and nine months that ended Sept. 30, 2022.

The Toronto-based company reported a 19% year-over-year drop in total net revenues to CA$19.8 million ($14.9 million) in the third quarter, which was transitional for Auxly, CEO Hugo Alves, said.

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