RE:RE:RE:RE:Colorado Expansionquinlash - (6/18/2021 9:29:50 AM)
RE:RE:RE:Colorado Expansion Dog / Keeler
HEXO stated a number of times that they will be expanding operations within the US within current legal restrictions. They are selling drinks. Other states allow the same. More expansion has been discussed a number of times. To think a company is expanding through the purhase of a facility without understanding underlying cost / pricing models is ... well it's frankly retarded you idiot ! *lol* either you have no Business Development experience or no common sense.
Did SSL do that with newwstrike - you know, the savings with synergies of $20 million only to write off the whole deal $298 million 6 months later?
Did they not realize that 48North had shut down it's field operations and they bought a 45,000 sq ft greenhouse for $50 million - you can build a 5 acre greenhouse for less.
Did Hexo not realzie that Zena actually DOESn'T have access to Europe before they spent $265 million on them?
SSLs estiamte to renovate the Colorado quonset was 'somewhere between $19 million and $45 million' - seriously, in other words you have no idea because you didn't actually get any sort of legitnate estimates before buying the deserted warehouse. Here's another $75 million gone.
Did they not not know that Newstrike was growing illegally - because they didn't have a licence?
Business development plan?
Give em a phkln break - to suggest these incompetents can predict cannabis prices in the U.S. market 3-4 years down the road, along with operational expenses (and SSLs pay increases) when they don't even have internal fianncial controls in place for their current operation after 8 years is frankly....retarded, you idiot.