Failed strategy The Hexo CEO of the month agrees that buying pos bankrupt companies such as Zenabis and 48n just to increase revenue is idiotic and incompetent management strategy. Too bad no one told SSL.
Of course Simple Simon, Tilray CEO is trying the same thing - Hexo, Medmen, no wonder Tilray has a SELL from analysts.
The previous administration said all revenue is good revenue, and that's a bad, bad thing," Bowman said in a call from Colorado.
"All revenue is not good. You need profitable revenue, you need revenue, which ... might not make money today, but it's going to make money in two steps."