Auxly Cannabis Group Inc. is a publicly traded Canadian cannabis company headquartered at 777 Richmond Street West in Toronto, not a single consumer label. It develops, grows and manufactures products for a portfolio that includes Back Forty, Kolab Project, Foray, Parcel and Dosecann, covering flower, pre-rolls, vapes, edibles, concentrates, oils, capsules and topicals across Canada. Hugo Alves is chief executive officer.
Corporate history
The company was incorporated in British Columbia on August 24, 1987. It took the name Cannabis Wheaton Income Corp. on May 5, 2017, running a model borrowed from mining streaming: financing licensed cultivators in exchange for future cannabis production. It became Auxly Cannabis Group Inc. on June 8, 2018 and shifted from a network of financed producers toward owned cultivation, manufacturing and consumer packaged goods.
The brand portfolio
Back Forty is the scale and value engine, spanning dried flower, pre-rolls, vapes and edibles. Kolab Project is the premium, design-led line, with flower, pre-rolls, vapes and concentrates. Parcel is the ultra-value flower and pre-roll label, Foray covers vapes and edibles as an accessible entry point, and Dosecann covers oils, capsules and topicals. South Point, a premium-tier brand, launched in Alberta and Ontario in the fourth quarter of 2025. A consumer buys a Back Forty pre-roll or a Dosecann topical; Auxly supplies the cultivation, formulation, manufacturing, distribution and brand system behind it.
Facilities
Auxly Leamington is a 1.1-million-square-foot automated greenhouse in Ontario, acquired in November 2021 and the focus of the company's capital and efficiency investment. Auxly Charlottetown, a 52,000-square-foot processing facility in Prince Edward Island acquired in May 2018, handles product development, formulation and manufacturing. The company also operates processing in Ottawa.
Imperial Brands
Imperial Brands made a strategic investment in Auxly on September 25, 2019. In March 2024 it converted approximately C$121.9 million of convertible debentures into 150.4 million shares, leaving it with roughly 19.8 percent of the company.
2025 results
Auxly reported 2025 net revenue of C$151.5 million, an increase of 24 percent. It said it was Canada's number-three licensed producer by market share and that Back Forty was the country's number-one cannabis brand throughout 2025.
Awards
Auxly was named Licensed Producer of the Year at the 2022 O'Cannabiz Industry Awards Gala. Its brands were also nominated that year for Brand of the Year (Back Forty), Favourite Vaporizer (Foray Mango Haze All-in-one Vape), Favourite CBD and Topicals (Dosecann Daily CBD Relief Cream), Favourite Product of the Year (Kolab Project Live Terpene Sticks), Favourite Edible Product (Kolab Project Cherry Cola Pop Milk Chocolate Square) and Favourite Capsules, Extracts and Concentrates (Kolab Project THCA Diamonds).
Where products are sold
Auxly products are distributed through provincial and territorial cannabis systems across Canada rather than company-owned dispensaries. Availability and naming differ by jurisdiction. General inquiries go to info@auxly.com and investor relations to ir@auxly.com.
Auxly's August 2026 second-quarter release reported C$45.8 million in net revenue for the quarter, up 18 percent from the comparable period, and C$14.3 million in adjusted EBITDA. Adjusted EBITDA is a non-GAAP measure defined by the company, so it should be read with the reconciliation in the filing rather than compared casually with a differently defined measure from another issuer.
Investment and capacity
The company said its 2026 capital program would focus on quality and throughput at Auxly Leamington and preparation for direct international distribution. Its second-quarter update said current and prior investments were expected to increase production capacity by 30 percent from 2025 levels. That is a forward-looking expectation rather than a completed production result.
How the portfolio reaches consumers
Auxly is the corporate and operating platform, while Back Forty, Kolab Project, Foray, Parcel, Dosecann and South Point are consumer-facing names. Provincial boards, private retailers and local rules shape the exact assortment. The physical package identifies the licensed producer, lot, potency, ingredients and warnings for a current item; a corporate results release cannot establish shelf availability.
Recent company reporting
Auxly published its full-year 2025 results in March 2026 and its second-quarter 2026 update in August. These financial disclosures cover the company and portfolio rather than reviewing individual products. Product availability still depends on provincial distribution and the current retailer assortment.
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