AUXLY ANNOUNCES EXPANSION INTO QUEBEC AND LAUNCHES NEW TRANSFORMATIVE PRE-ROLL AND VAPE INNOVATION
The Company has officially launched its first branded product in
Building off the incredible success of Back Forty slim pre-rolls, which is currently the #1 selling pre-roll brand in
In addition, Auxly is continuing to build its presence in the competitive vapour category where it currently holds the #2 LP position in national sales.2 Late last year, the Company introduced its new all-in-one vape hardware through its Back Forty brand, this convenient format was designed to be held in the palm of your hand and offer big flavour in a small size. It quickly became a consumer favourite, securing the top 4 selling SKU positions in
"We are thrilled to announce our entry into the
Auxly's new product launches will be available in select retail stores across the country this spring and summer.
ON BEHALF OF THE BOARD
"Hugo Alves" CEO
Auxly is a leading Canadian consumer packaged goods company in the cannabis products market, headquartered in
Our vision is to be a global leader quality cannabis products.
Learn more at www.auxly.com and stay up to date at Twitter: @AuxlyGroup; Instagram: @auxlygroup; Facebook: @auxlygroup; LinkedIn: company/auxlygroup/.
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1
Hifyre IQ, non-infused pre-roll, as of |
2
Hifyre, as of |
3
OCS data, |
This news release contains certain "forward-looking information" within the meaning of applicable Canadian securities law. Forward-looking information is frequently characterized by words such as "plan", "continue", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "potential", "proposed" and other similar words, or information that certain events or conditions "may" or "will" occur. This information is only a prediction. Various assumptions were used in drawing the conclusions or making the projections contained in the forward-looking information throughout this news release. Forward looking information includes, but is not limited to: the Company's execution of its branded product development and commercialization strategy; the successful production and launch of future products; the relevance of the Company's current and proposed products; consumer preferences; political change, future legislative and regulatory developments involving cannabis and cannabis products; and competition and other risks affecting the Company in particular and the cannabis industry generally.
A number of factors could cause actual results to differ materially from a conclusion, forecast or projection contained in the forward-looking information in this release including, but not limited to whether: there is acceptance and demand for current and future Company products by consumers and provincial purchasers; and general economic, financial market, regulatory and political conditions in which Auxly operates will remain the same. The forward-looking information contained in this release is expressly qualified by the foregoing cautionary statements and is made as of the date of this release. Except as may be required by applicable securities laws, the Company does not undertake any obligation to publicly update or revise any forward-looking information to reflect events or circumstances after the date of this release or to reflect the occurrence of unanticipated events, whether as a result of new information, future events or results, or otherwise.
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