RE:HexoAgain - with the share count.
Yes, Hexo has 43 million shares out - but why did it go from 600 million to 43 million.
The reason is NOT a feather in Hexo's cap and if I were pumping this stock, share count wouldnt be high on the list of items promoting the stock.
As for 'other markets becoming available for us' - exaclty what markets are those? Hexo lost it's Zenabis EU-GMP certified facilties to bankruptcy and can no longer sell to international markets, as all of those have the same or similiar certification requirements. (never mind the fact that Hexo agreed that any inter'l sales they MIGHT make have to be filled with Tilray product - so it's not worh trying)
Hexo is NOT ahead of the other cannabis LPs - many of which never got into the mess that Hexo did thru incompetent management. You've thrown out a lot of large brush statements - unfortunately there's little to actually back them up.
As stated previously, Hexo will survive if it can do a new financing (with reasonable terms), accepts the reality that it wil take years and that the issue is getting Cost of Goods Sold and operating expenses down - and investors will have to satisfied with a lower Tier cannabis lp with sales of $150 million. New products might be all good - but not if it costs them more to make than what they sell them for.
Vulcan - (2/13/2023 1:48:48 PM)
Hexo
I believe hexo is ahead of the game in this developing sector.. remember we were the first to legalize and therefore prone to mistakes.. misreading markets...hype... and gov errors or over regulation...not getting into particulars.. we are is the early innings of this sector...I'd say hexo has learned like others how to maneuver in this market..much of what needs to be done to become profitable has been done or Is in progress... we have made the necessary adjustments and have moved the ship in the right direction.. I'd say we are far ahead of many in the sector.. most of the pain is done we just need to continue working towards profibility... as new products are introduced into markets and our focus on high yields will all bear fruit....also we have a very low share count...there will be major market movers to come.. US legalization... our own gov..adjustments in regulations....other markets becoming available to us..... its early people.. fortunes to those with patients.. jmho cheers... keeler you are right in one aspect.. hexo needs to promote itself better to the markets. In the early days one new strain brought on the market was a press release... I'm not saying we need to go that far but more transparency would be appreciated.. cheers
Vulcan - (2/13/2023 1:48:48 PM)
Hexo
I believe hexo is ahead of the game in this developing sector.. remember we were the first to legalize and therefore prone to mistakes.. misreading markets...hype... and gov errors or over regulation...not getting into particulars.. we are is the early innings of this sector...I'd say hexo has learned like others how to maneuver in this market..much of what needs to be done to become profitable has been done or Is in progress... we have made the necessary adjustments and have moved the ship in the right direction.. I'd say we are far ahead of many in the sector.. most of the pain is done we just need to continue working towards profibility... as new products are introduced into markets and our focus on high yields will all bear fruit....also we have a very low share count...there will be major market movers to come.. US legalization... our own gov..adjustments in regulations....other markets becoming available to us..... its early people.. fortunes to those with patients.. jmho cheers... keeler you are right in one aspect.. hexo needs to promote itself better to the markets. In the early days one new strain brought on the market was a press release... I'm not saying we need to go that far but more transparency would be appreciated.. cheers