Auxly Stock Slides as Company Closes on $84 Million CAD Credit Facility

Auxly stock is down 2% today as the company has announced it has closed on credit facilities worth $84 million CAD, and also foreclosed on Curative Cannabis.

Auxly Cannabis Group Inc. (TSXV:XLY) (OTCQX:CBWTF) has today announced that its joint venture partner Sunens Farms Inc. has closed the previously announced $84 million CAD credit facilities with Bank of Montreal (BMO). The credit will be split into a $71.5 million CAD senior debt facility over a three-year term, and a $12.5 million leasing facility. Auxly stock is currently trading down at ...