RE:FOR THOSE WHO STILL HAVE DOUBTS"properties sold that we don't need"
I'm curious - what properties did Hexo sell?
Belleville? After spending over $100 million in renovations, they sold their 25% interest for $10 million to a company owned by a Hexo Board member.
Stellarton & Atholville? They lost these Zenabis facilities (one was EU-GMP certified) along with $30 million in inventory to SNDL when Zenabis declared bankruptcy. Hexo (and Hexo investors) got ZERO out of the process.
Fort Collins? The 40,000 sq ft $5 million (USD) vacant Colorado facility that SSL estimated would require $70 million (CDN) in renovations. They TRIED selling it, but after a year on the market - took it off the market.
48N? The land near Kirkland Lake was formerly a tree farm with a small greenhouse on it. It had been shuttered before the deal was closed - Hexo's been trying tos ell it ever since.
SO - what properties are you referring to?