Auxly Cannabis Group Inc. (TSX - XLY) (“
Auxly” or
the “
Company”), a leading consumer packaged goods
company in the cannabis products market, is thrilled to announce
that the Company received four awards for its popular consumer
brands Back Forty, Kolab Project and Dosecann at the second annual
Kind Awards – tied for the most of any Licensed Producer. These
awards are published in Kind Magazine and recognize the very best
in Canadian cannabis, as determined by a panel of nearly 250
budtenders across Canada.
“Budtenders are the most important influencers
in the industry, guiding consumer purchasing decisions every day in
retail outlets across the country,” said Andrew MacMillan, Senior
Vice President of Commercial at Auxly. “We are thrilled to have
them recognize the quality and value of our pre-rolls, vapes and
topical cream in this year’s Kind Awards. On behalf of everyone at
Auxly – thank you to Canada’s budtenders for validating our efforts
with your recognition and for helping consumers find their way in
Canadian cannabis. And thank you to Kind Magazine for providing an
invaluable in-store resource with compelling educational and
entertaining content.”
Back Forty received top honours in both “Best
Indica Pre-Roll” and “Best Indica Cartridge” categories. These
awards cap a historic 2021 for the brand, as it currently holds the
#1 vape brand position in the country and is the fastest-growing
brand overall in Canada’s largest market, Ontarioi. The Kind
Award-winning Forbidden Fruit cartridge was recently launched in a
new 1.2g format in B.C. and Alberta, alongside Back Forty’s other
consumer-favourite strains Kush Mint, Sour Apple and Super Lemon
Haze. Back Forty introduced its 40s pre-rolls in late August with
the potent Wedding Pie and Animal Mints cultivars; these pre-rolls
have quickly become a must-have for consumers and have propelled
Back Forty to the #5 brand position in its launch market of
Ontarioii after less than four months of commercial sales.
Kolab Project was awarded the “Best Sativa
Cartridge” for its 157 Series Strawberry Ice Sativa cartridge,
giving Auxly two out of three awards in the vape category.
Strawberry Ice Sativa is a highly potent vape and is Kolab
Project’s take on the unique Strawberry Ice strain with Myrcene as
the dominant terpene. Strawberry Ice Sativa offers premium
hardware, hard-hitting potency and outstanding taste, all in
recyclable packaging.
Rounding out Auxly’s Kind Awards wins is
Dosecann, recognized for its innovative Daily Relief CBD Cream,
which garnered the inaugural win for the magazine’s new “Best
Topical” category. Dosecann Daily Relief CBD Cream has 1,200 mg of
CBD per 60 ml unit – an industry-leading potency that is
competitively priced to deliver the best value for a CBD topical.
Dosecann Daily Relief CBD Cream combines high-quality CBD extract
with Natralipid® Meadowfoam seed oil, a plant-based emollient found
in high-end skin creams and valued for moisturization, transdermal
barrier repair, skin penetration and unsurpassed stability.
These distinctions validate the Company’s
quality-driven approach to delivering unique cannabis product
innovations to Canadian consumers. As the New Year quickly
approaches, Auxly will continue to invest in delivering
differentiated cannabis products under its award-winning brand
portfolio with its sights set on becoming the #1 LP in the
country.
ON BEHALF OF THE
BOARD "Hugo Alves”
CEO
About Auxly Cannabis Group Inc. (TSX:
XLY) (OTCQX: CBWTF)
Auxly is a leading Canadian cannabis company
dedicated to bringing innovative, effective, and high-quality
cannabis products to the wellness and adult-use markets. Auxly's
experienced team of industry first-movers and enterprising
visionaries have secured a diversified supply of raw cannabis,
strong clinical, scientific and operating capabilities and leading
research and development infrastructure in order to create trusted
products and brands in an expanding global market.
Learn more at www.auxly.com and stay up to date
at Twitter: @AuxlyGroup; Instagram:
@auxlygroup; Facebook: @auxlygroup; LinkedIn:
company/auxlygroup/.
Media Enquiries
(only):
For media enquiries or to set up an interview
please
contact: Email:
press@auxly.com
Notice Regarding Forward Looking
Information:
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: Auxly’s execution of its product development and
commercialization strategy; the ability of the Company to maintain
and grow its market share; consumer preferences, political change,
future legislative and regulatory developments involving cannabis
and cannabis products; and competition and other risks affecting
Auxly 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 Auxly’s current and future 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.
Neither Toronto Stock Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the Toronto Stock Exchange) accepts responsibility for
the adequacy or accuracy of this release.
i Headset Canadian Insights, Back Forty is ranked #3 brand
overall in Ontario as of November 30, 2021ii Headset Canadian
Insights, as of November 30, 2021.
Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/d933a272-827d-4683-b8d0-28196f481224
https://www.globenewswire.com/NewsRoom/AttachmentNg/10712d41-d296-4cd9-a23f-1628ec831207
https://www.globenewswire.com/NewsRoom/AttachmentNg/b87d4f8c-be60-4f56-93bc-f93831d7cdc9
https://www.globenewswire.com/NewsRoom/AttachmentNg/7e85cd1d-0bae-491d-a3ea-3768686b1b48
Auxly Cannabis (TSX:XLY)
Historical Stock Chart
From Oct 2024 to Nov 2024
Auxly Cannabis (TSX:XLY)
Historical Stock Chart
From Nov 2023 to Nov 2024