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Auxly Cannabis cash crunch prompts ‘going concern’ warning

Auxly Cannabis Group does not have enough cash on hand to fund operations through the coming year, prompting the Toronto-headquartered company to warn investors of “significant doubt” over its ability to continue as a going concern. “The company currently has insufficient cash to fund its operations for the next 12 months,” Auxly said in a […]

Auxly Cannabis cash crunch prompts ‘going concern’ warning is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs



Source: Auxly Cannabis cash crunch prompts ‘going concern’ warning


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Steve Morrison

Steve Morrison

Steve serves as the founding editor of Hemp Stash News. With over 10 years experience in the news publishing business he decided to extend his vast portfolio by editing and publishing news about the Cannabis industry. Steve has a bachelor's degree in Journalism from the Northern Arizona University.

Steve can be reached out at: Steve.Morrison@hempstashnews.com

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