Breaking News: Auxly Invests Additional $7.5 Million to Fund FSD Pharma Capacity Expansion – RICH TV LIVE – September 20, 2018 – VANCOUVER, British Columbia, Sept. 20, 2018 (GLOBE NEWSWIRE) — Auxly Cannabis Group Inc. (TSX.V: XLY) (OTCQX: CBWTF) (“Auxly” or the “Company”) is pleased to announce that, as part of the strategic alliance and streaming agreement previously announced on March 5, 2018, Auxly has completed a $7,500,000 equity investment (the “Transaction”) in FSD Pharma Inc. (CSE: HUGE) (“FSD”).
Hi guys how you doing this is richie rich dubee live we are 26 days 16 hours 58 minutes and 8 seconds away from history this is your boy rich and we have some breaking news fsd pharma is up incredibly due to some big news that’s just broken and we are going to break it first you can see all the winners right here rich tv live absolutely free we don’t want your
Money we want your eyes on the prize now what is the news that is driving the market higher the canadian index is currently up 23 points or two point 85 percent the american index is up slightly not much but we are already in the green early here on thursday you can go to wwe tv live.com find all the tools they’re absolutely free and then you can click on youtube
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24 hours a day seven days a week and you need that in case something is moving like huge let’s talk about the huge news and the news for oxley xly company you know i love oxley invest an additional 7.5 million to find ssd pharma capacity expansion this muse is broken on globe and news wire from vancouver british columbia today oxley cannabis group inc xly otcqx
Cb wtf oxley where the company is pleased to announce that as part of the strategic alliance and streaming agreement previously announced on march 5th 2018 oxley has completed a 7.5 million equity investment otherwise known as the transaction in f as d pharma inc otherwise known as huge and huge is up on this news already today it is responding what do you think
About this let me tell you why i think this is huge news pursuant to the transaction oxley has subscribed for 7.5 million of publicly traded class be subordinate voting shares of fsd pharma at a price of $1 well considering they were trading at 70 cents yesterday and they’re raising money at $1 i immediately told everybody the stock is going to $1 and where are
We now we’re very close to the dollar folks it’s true it is true look at fsd pharma currently at 85 cents up 11% it was a much earlier pre market people are taking the profits that’s why it’s coming down but this news is big and i fully expect that we are gonna see huge hit $1 very very soon based on this news because they raise money at $1 the purchase shares are
Subject to a statutory whole period expiring for months and one day from the date of issuance which will be on january 20th 2009 teen so they cannot sell anything until january and i’m pretty sure they’re confident that it’s gonna be over $1 otherwise why would they raise money at $1 proceeds from the financing will be used to fund the ongoing construction of the
Initial 220,000 square feet of cultivation space with oxley and fsd our joint developing at fsd 620 thousand square foot facility the facility in coburg ontario pursuant to the agreed-upon construction and development budget announced on july 3rd 2018 the jointly developed cultivation space which is currently under construction will also include a dedicated space
For large-scale extraction oxley retains a 49.9% stream of all cannabis cannabis derived products produced at the facility under partnership with oxley in perpetuity wow fsd pharma is the important partner to oxley and a partner that we value highly as a contributor of highly quality indoor hydroponic cannabis to the oxley platform we are currently pleased this
Is hugo alva’s the president of oxley sounds portuguese and hugo holler at your boy i’m a porkchop – lets go chat we are currently pleased with the progress we have jointly made on the construction of the first phase of the facility and look forward to working closely with fsd team to design and build out this world-class asset let’s just quickly read about oxley
Chuck rafiki the chairman and ceo says oxy cannabis group is a collective of entrepreneurs with a passion for the cannabis industry past present and future our mandate is to facilitate growth for our partners by providing them with financial support and sharing our collective industry experience our partners will all have different vision voices and brand values
And i’ll share a common goal to build a world-class industry based on ethics diversity quality and innovation what do you guys think if you liked this video smash the like button please share this video everywhere remember if you own huge i own huge if you own fs d d f and i own fs d d f and we all own fs d d f and you like this video and you subscribe to rich tv
Live and you comment on the video and you share it everywhere we all win it’s true this is big news i love fs d df f sd pharma i love oxley and they just raise money at a dollar you can expect huge to go to a dollar and beyond you can book it great news for both companies a love them both let’s go champ this is your boy rich bringing in the news we are only 26
Days 16 hours 51 minutes and 45 seconds away from history in canada it’s true and it’s green thank you watching hit that subscribe button remember rich tv live is strictly for education entertainment purposes we are not licensed advisors always do your due diligence always do your research before you invest in anything that we talk about here on rich tv live if
You’re not winning you’re not watching this is your boy rich and i bow peace
Transcribed from video
Auxly (XLY) (CBWTF) Invests Additional $7.5 Million to Fund FSD Pharma (FSDDF) (HUGE) Expansion By RICH TV LIVE