RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:**Attention** New comers to this board (updated)HEXO has the supply agreement with Israel with their last shipment just missing the cutoff date for reporting last QTR
HEXO is working on getting into Germany and have licenses to distribute
HEXO noted future plans for Poland
HEXO did have an operation in Greece however that one appears to be on hold or dead (I am leaning towards dead myself therefore it seldom gets mentioned).
HEXO is currently selling drinks into the US with Molson and expanding across more of Colorado. Production facility is purchased and being upgraded to come online.
HEXO is doing well within Canada, last report was a negative surprise, market reacted in a negative fashion, next report will include more sales than what was included in the last report and should in all reality exceed not only the previous report but the $45 Million dollars in sales noted on the report previous to our last one.
Zaybure wrote: Popular vote does not get you the presidency. Ask Hilary. The politics in the US is far more complex than in Canada. Even in states that have legalized pot, the senators in those states won't necessarily vote for a bill that legalize it on the national level. Right now Biden doesn't have the 60 votes, and in the 2022 mid-term election, it will get even worse as the GOP might very well take both the house and the senate. Hexo and other LP's have to compete in Canada, perhaps in Europe for the legal medicinal pot - which Hexo has already nixed. But the legal MJ space is very restricted.
Touran77 wrote: Zaybure wrote: Biden has said so many, many times. And so did Joe Manchin, a Democrat. Even Trump wanted to get rid of the filibuster and got nowhere. As I said in a previous post, the Dems need to get the house, the senate with 60 seats and the presidency to get things done, in particular an MJ legalization law. And that is a tall order.
Touran77 wrote: Zaybure wrote: It won't happen. To get rid of the filibuster, you need 51 votes, fine but Manchin, a D, is against it, and even if you get 51 votes, Biden is against and will veto it. So the filibuster is there to stay for quite a while. For any MJ bill, you need 60 votes to pass it, and those votes are not there.
Select55 wrote: I would never buy a Canadian LP based on anything to do with the usa as there are way too many USA LP that are already over producing dope there is no forseeable advantage for hexo share holders at this point in time ;;;;the truss colorado deal is miniscule at best
Touran77 wrote:
Select55 wrote: Pathetic pumpers the like of you add nothing to a stockhouse bull board ;; the company has dramatically under performed and has taken on exceptional debt ;; time will tell having a part ownership in a us based drink in a nothing state does not make HEXO great its actually a nothing burger at the monent ;; They need to get their canadian house in full order and right now things looks rather Bleek to say the least
Being ready once US switch from illegal to legal is the good way to go :).
Tonto
Jeez! You must be an important person to know that Biden would use his veto on that!
To know that he will go against 70% of the voters.
Come on man :p.
There is a difference between not talking about legalization or even not wanting to do it and using your veto.
Going against you own senate (that made it worked if it goes to president) and your own population (70% want it legalized) using your Veto would be a political suicide.