quinlash, do you not know the differencebetween positive cash flow and a revenue beat?
What they basically said is that they thought the assets would be sold by now - and that's why they were projecting positive cash flow
In regards to the 'delayed' Hexo money - if and when there's an actual ssale, it's a one time thing and a company shouldnt have to rely on selling it's assets to achieve positive cash flow. In fact, there's a reason companys sell their assets - they paid for something, it wasnt worth and they're now selling it.
If you bought a Tilray scooter for $5,000 - never used it and decided to sell it for $3,000 - you didn't get positive cash flow of $3,000 - you lost $2,000 buying an asset you never needed in the first place
Comment by
quinlashon Apr 09, 2024 6:01pm 
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Post# 35980103
RE:Cannabis Client Alert – Week of April 8, 2024
If the HEXO money mentioned on the call had not been delayed then it would have been a revenue beat. Pretty sure there's 18 million that will now be an Adder to next report (it's discussed in the earnings call)