Auxly Cannabis

Website: https://auxly.com

At a glance

Auxly Cannabis Group is a publicly traded Canadian cannabis company, not a single consumer label. It develops, grows and manufactures products for a portfolio that currently includes Back Forty, Kolab Project, Foray, Parcel and Dosecann, covering flower, pre-rolls, vapes, edibles, concentrates, oils, capsules and topicals across Canada.

Founding and strategic shift

Chuck Rifici and cannabis lawyer Hugo Alves launched the operating business in 2017 as Cannabis Wheaton Income Corp. The original model borrowed from mining “streaming”: finance licensed cultivators in exchange for future cannabis production. The company adopted the Auxly Cannabis Group name in June 2018 and shifted from a network of financed producers toward owned cultivation, manufacturing and consumer packaged goods.

Alves became chief executive in August 2019 and remains co-founder, CEO and director. His earlier work included building the cannabis practice at Bennett Jones. Rifici, previously a co-founder of Canopy Growth’s predecessor, was central to the launch but is not part of the current management team presented on Auxly’s site.

The five-brand portfolio

Back Forty is the scale and value engine, spanning dried flower, pre-rolls, vapes and edibles. Kolab Project is the more premium, design-led line, with flower, pre-rolls, vapes and concentrates. Parcel is the ultra-value flower and pre-roll label. Foray is positioned as an approachable entry into vapes and edibles, while Dosecann serves wellness-oriented oils, capsules and topicals.

The portfolio structure matters because an Auxly corporate page cannot be written like a dispensary brand review. A consumer buys a Back Forty pre-roll or Dosecann topical; Auxly supplies the cultivation, formulation, manufacturing, distribution and brand system behind it.

Facilities and operating platform

Auxly consolidated flower and pre-roll activity into its Leamington, Ontario greenhouse and uses its Charlottetown, Prince Edward Island Dosecann facility for product development and manufacturing. The company has invested in automated pre-roll capacity, vape development and derivative formats, while distributing branded products nationwide.

Imperial Brands made a strategic C$123-million investment through a convertible debenture in 2019. In 2024, the debt conversion left Imperial with approximately 19.8% of Auxly. That relationship helped finance the company’s product and manufacturing buildout but does not make Auxly an Imperial subsidiary.

Current market position

Auxly’s March 2026 results said it was Canada’s number-three licensed producer by market share in 2025 and that Back Forty was the country’s number-one cannabis brand by dollars sold throughout that year, based on cited third-party retail data. The company reported 2025 net revenue of C$151.5 million.

For the second quarter ended June 30, 2026, Auxly reported C$45.8 million in net revenue, C$14.3 million in adjusted EBITDA and C$7.7 million in net income. It also completed a 14-for-1 share consolidation effective July 28, 2026. These are dated company-reported financial results; they should not be read as investment advice or permanent market rankings.

Recognition and product achievements

Auxly was named Licensed Producer of the Year at the 2022 O’Cannabiz Industry Awards. Its brands also received nominations for Back Forty as Brand of the Year, Foray’s Mango Haze all-in-one vape, Dosecann Daily CBD Relief Cream and Kolab Project Live Terpene Sticks. In 2025, Back Forty introduced Backpackers, a first-to-market straight-cut ten-pack of 0.75-gram pre-rolls in a resealable water-resistant tin, according to Auxly.

Where products are sold

Auxly products are distributed through provincial and territorial cannabis systems across Canada rather than through company-owned dispensaries. Availability and naming differ by jurisdiction, so the correct path is the relevant provincial retailer or a licensed local shop. Corporate reports and SEDAR+ filings are the authoritative sources for financial and ownership claims.

The High Rise read

Auxly’s real story is reinvention: a 2017 cannabis-financing platform became a focused national CPG operator with five distinct brands and a leading value label. A robust profile should connect parent company, factories, brands, categories and current results without confusing corporate scale with the quality of every individual SKU.

Availability and licensing

Availability changes by market and date. Use the official site or store locator for current inventory, and for regulated cannabis products confirm the licensed seller and manufacturer in the jurisdiction where the item is sold.