RE:RE:RE:RE:RE:Molson Coors Reports 2020 First Quarter ResultsINVINCE wrote: Obviously you haven't read my prior posts sorry to say im not fully counting on CBD beverages to be the CURE for HEXO Corp. I don't believe the revenue from that venture will be epic as many shareholders do. The ACTUAL INITIAL DATE release might rippen the share price but for how long. Way to many forms of HEXO Corp selling off stocks etc etc in the last while.
I see WAY MORE potential revenue in their THC Beverages.
Go fiqure of course a Corporation would pump up announcements such as CBD its called business.
Let me ask you seriously how many cases are you and your wife personally going to buy of these CBD beverages ??? quinlash wrote: If your posts from this morning highlight anything it is that Molson-Coors is looking to shore up their sales through CBD infused drinks. The recent news that they formed yet another Joint Venture with HEXO to expand into the United States is another vote of confidence in HEXO by Molson.
It sounds as if Molson expects CBD infused drinks will do well... who would have guessed..
Q INVINCE wrote: Yes i am on the right message board it just so happenes HEXO Corp has a Joint Venture with a Company called Molson Coors Sir. Yes it is related to beer. In the future Molson Coors quarterly results will? reflect THC beverage net revenue also. Incase you dont know its a venture formed with Hexo TRUSS. Hopefully these 2 Corporations can later on finally feel the dream and shareholders that been holding long.
Have a good one DAYTRADER quinlash wrote: You on the right board there buddy ? This is HEXO, not Molson-Coors. The sales being referred to is for beer. HEXO sales beat expecations and the sale of Molson / HEXO products is done through the Joint Venture called TRUSS.
Sure, this may be discouraging news for those holding shares with Molson-Coors but it has nothing to do with the sale of CBD Infused drinks.
Don't mean to make myself look stupid by replying to idiotic posts but someone has to point out the obvious.... ;)
Q INVINCE wrote: April 30, 2020
Net Sales Revenue Decreased 8.7% Reported and 8.2% in Constant Currency
U.S. GAAP Net Loss of $117 Million (Loss of $0.54 Per Share)
Well thats unfortunate but most other Corporations have suffered also. Virus is to blame no doubt it effected a huge percentage of the worlds Corporations.
All I got from this post is a surprise that anyone in Canada is still drinking Molson products let alone Coors...I personally would rather drink my own urine...someone from crooked HEXO should contact the makers of Red Bull...that is an infused drink people would like...Coors...what a joke..lol