quinlash wrote: IMHO HEXO Corp does not need to do any sort of share consolidation at this point simply based on the fact that SunDial (SNDL) have been trading under $1 USD on the same exchange as HEXO Corp. I have not exmailed the company on the topic however those who wish to can certainly send an email to INVEST@HEXO.com to pose the question.
I have already noted that I emailed the company to request a confirmation on the rumor that HEXO Corp has signed a new Fortune 200 Partner with Investor Relations indeed coming back to confirm the rumor as
True. This was also confrmed by numerous other forum users on both StockHouse and StockTwits. The Power of Wealth YouTube Channel also emailed in with the response from HEXO Corp being clearly shown on the resulting video
(Jan 17, 2022) PoW Group YouTube Video showing HEXO Corp Investor Relations Confirming Fortune 200 Partnership in Place with HEXO Corp under Non-Disclosure Agreement https://www.youtube.com/watch?v=5itQAN3B8Cc&t=3s
HEXO Corp noted in their 2022 Q1 Earnings report that their adjusted EBITDA gap is only $11.5 Million and that they are on track to report EBITDA positive on the upcoming report. As noted, repeatedly, the next report will show incremental sales / revenue growth never seen before as a result of the Redecan Acquistion. This, combined with the removal or 1-time expenses seen on the previous report, makes speculation on the adjusted EBITDA milestone being met as more than reasonable.
(Jan 18, 2022) Revised Investors Deck – THE PATH FORWARD https://www.hexocorp.com/investors/
(Dec 14, 2021) HEXO Reports First Quarter 2022 Results and Launches New Strategic Plan, “The Path Forward” to Solidify its Position as Canada’s Leading Cannabis Company
https://www.globenewswire.com/news-release/2021/12/14/2351553/0/en/HEXO-Reports-First-Quarter-2022-Results-and-Launches-New-Strategic-Plan-The-Path-Forward-to-Solidify-its-Position-as-Canada-s-Leading-Cannabis-Company.html
(Dec 14, 2021) HEXO 2022 Q1 Earnings Call Transcript
https://news.alphastreet.com/hexo-corp-hexo-q1-2022-earnings-call-transcript/
(Dec 14, 2021) - HEXO 2022 Q1 Earnings Call - Audio Recording
https://www.youtube.com/watch?v=3uxOq30D9yo
Be sure to Do Your Own Due Dilligence however IMHO the stock is sitting in an oversold position with the
BUY and
HOLD strategy being the optimial choice for those looking to start positions in a Top Teir 1 Canadian Cannabis Producer
Canadian Top Teir 1 Producers https://www.newcannabisventures.com/canadian-cannabis-lp-tier-1-index/