RE:CIBC Expects HEXO to turn Profitable in 2022HEXO noted in the Redecan Investors deck that the top players in the sector would be HEXO / Tilray going for top spot the followed by Canopy now CIBC is stating they are only expecting HEXO + Tilray to turn profitable in 2022. Seems to line up with what HEXO Management has been saying.
I say HOLD Long, anyone wanting to go short is more than welcome to but my view / position remains long and strong.
Q
quinlash wrote: Not too sure if the article is referring to Calendar year 2022 or Fiscal Year 2022.... guessing most know what a calendar looks like but for those who are not familiar with HEXO's Fiscal 2022 Calendar then just as an FYI... HEXO is current in Fiscal 2022 Q1 with the earnings report coming out mid-Dec 2021.
Link to Article
https://www.marketwatch.com/story/canadian-cannabis-companies-wont-turn-a-profit-in-the-coming-quarter-and-heres-why-11632504406?mod=mw_quote_news