RE:HEXO 2022 Year End Sales = $265,418,000If the financials are not good, as usual, expected, then that combined with tax loss pressure this stock could drop into the mid-teens. The sales of Hexo combined (Rede, 48N, etc) keep declining. Craft growers plus black/grey market is kicking the shlt out of legalized pot and looks like it will continue.
quinlash wrote: HEXO Reported in excess of $265 Million in sales for Fiscal Year end 2022. This marked a 55% increase in sales over pervious year.
Their next report is due by Dec 15th which will be Fiscal 2023 Q1
Here is a link to where the reports can be found
https://www.hexocorp.com/investors/#financial