RE:Welcome DonaldDonald Courtney is known for promoting efficiency of operations at MedReleaf. I expect he will promote these same efficiencies at HEXO - so this is a good thing.
My only concern is this announcement comes after the quarter's close and subsequent insider selloff. Is in meant to placate investors in the event costs have soared with the latest harvest?
This is not a bash as I am long HEXO. From a fundamentasl basis HEXO has the best operating ratio of any LP. The only additional newsworthy variables since last earnings release are the new facility harvest, massive stock selloff, still no permanent CFO, hiring of an efficiency expert, and Quebec's opening up the market to additional HEXO competition.
I was bitten by TRST's disasterous earnings surprise and want to avoid the same with HEXO.