HEXO Management and Debt ServingEarly in 2021 the company stated that they had no need to raise capital to service the financial needs of the company and that any capital raise would be for the purpose of expansion. The company did indeed expand with the purchase of 48 North, Zenabis and Redecan as well as expand the operation into the US throught the purchase of the production facility in Colorado. That facility has been coined as a "launching point for the US Market".
It would appear that, based on statements by the company itself, that HEXO has no challenges in regards to making debt payments hense the debt load is indeed managable.
In regards to who makes up the management team, here is some additional information
A list of the BOD can be found on the HEXO homepage using this link
https://www.hexocorp.com/home/management/
Who is on the Board ?
Dr. Michael Munzar, M.D - clinical experience as a licensed physician in Quebec.
Sbastien St-Louis - holds an MBA in Finance from the Universit du Qubec Montral and completed his Bachelor of Arts (Economics) from the University of Ottawa
Adam Miron is an entrepreneur who has launched several successful businesses at the intersection of media, brand development, and public engagement. Adam’s ventures have included iPolitics, Canada’s premier online political news site
Rose Marie Gage - worked for several global multi-national enterprises, including Westinghouse, GE and Schneider Electric. Ms. Gage has held numerous executive roles including Chief Marketing Officer and most recently as Chief Executive Officer of Ag Energy, a provincially licensed energy retailer
Jason Ewart co-founder, Director and EVP Capital Markets for Uptempo Inc., a U.S. fintech company with over 40,000 customers covering 12 states, that offers a payment concierge service.
Vincent Chiara sole owner of Groupe Mach, one of the largest privately-owned real estate investment companies in Quebec
Emilio Imbriglio President and CEO of Raymond Chabot Grant Thornton, a position he has held since 2013. He is a member of the Strategy Committee and Board of Governors of Grant Thornton International Ltd, representing over 140 countries, as well as Chair of its Budget and Audit Committee
You can find the rest of the team on the HEXO site using the mentioned link above. So, considering these guys do not appear to be a bunch of fly-by-night criminals and would have their own careers, other business interests etc at risk if they were in business to rip off investors what is there to be concerned about ??
Now, considering that HEXO (and this Board of Directors) did not make one but TWO deals with Molson Coors (a Fortune 500 company) would it not be reasonable to say that Molson trusts the management team of HEXO ?
Q