The consolidation, which reduces the total number of issued and outstanding common shares, was officially ratified by investors late last month. Trading under the ticker symbol XLY on the Toronto Stock Exchange and CBWTF on the OTCQB, the company is now operating with a significantly adjusted share count. CEO Hugo Alves confirmed the commencement of the new trading basis effective July 28, 2026. This adjustment follows a strategic review of the company's financial position, the details of which were outlined in Auxly’s Q1 2026 letter to shareholders. The company maintains its focus on the Canadian consumer packaged goods market, aiming to stabilize its equity profile through this structural change.
In section Releases
Auxly Cannabis Group Executes 14-to-1 Share Consolidation
Toronto-based cannabis producer Auxly Cannabis Group transitioned to a new capital structure today, with common shares beginning trade on a post-consolidation basis. The move follows a 14-to-1 share consolidation approved by shareholders during the company’s annual meeting held on June 30, signaling a shift in the firm’s equity management.
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