AUXLY TO REPORT FOURTH QUARTER AND FULL YEAR 2022 FINANCIAL RESULTS ON MARCH 31, 2023

TORONTO, March 27, 2023  /PRNewswire/ - Auxly Cannabis Group Inc. (TSX: XLY) (OTCQB: CBWTF) ("Auxly" or the "Company"), a leading consumer packaged goods company in the cannabis products market, is pleased to announce that it will report earnings results for its fourth quarter and full year ended December 31, 2022, on Friday March 31, 2023, before the financial markets open.

The Company will host a conference call to discuss the results.  The teleconference details are listed below:

Date: Monday, April 3, 2023

Time: 10:00 a.m. EST.  Please dial in at least 10 minutes prior to the start time.

North American Toll Free: 1-888-664-6383

Audio Webcast URL: https://app.webinar.net/KV4LpqozBOn

A replay of the teleconference will be available within 24 hours after the conclusion of the call on the Company's website.

ON BEHALF OF THE BOARD

"Hugo Alves" CEO

Auxly is a leading Canadian consumer packaged goods company in the cannabis products market, headquartered in Toronto, Canada. The Company's focus is on developing, manufacturing and distributing branded cannabis products that delight our consumers.

Learn more at www.auxly.com and stay up to date at Twitter: @AuxlyGroup; Instagram: @auxlygroup; Facebook: @auxlygroup; LinkedIn: company/auxlygroup/.

SOURCE Auxly Cannabis Group Inc.