RE:RelaxxxxxxxxxxoThe only reason hexo isn't getting as bashed as canopy is because it wasnt as hyped.
trading 8x your 2020 EPA is ridiculously reasonnable.
trading 80x your 2020 EPA is too high.
Market will settle in between gaps and go from there.
Molson JV has nothing to do with it.
Hexo will be addind squarefeets SOON pumping its production capacity.
I'd be WAY MORE concerned if I was a canopy shareholder and my stock would've been pumped by the management for FUTURISTIC VENTURES. More like wishfull thoughts to shareholders.
Hexo has the contract to back its stock price, we are not selling POSSIBILITIES, we are selling weed. TONS of weed.
I used to sell weed for 10$ a gram on the blackmarket on the street putting everything at risk. Now im selling weed BY THE GRAM comfortably in my house. Wait till the money comes in, you'll see how big this market is.
docbrown wrote: Much less bloodshed with HEXO compared to peers.....very interesting
I'm guessing it's because of the expected news of NYSE listing or possible joint venture with another partner.
Exciting times. Everyone relax. Rome wasn't built in a day. Sucks were are being brought down with everyone else, but alteast we have been relatively stable compared to others during this bloodshed.
The question is.....do you expect HEXO to be the same value in a year? If so, your retarded and shouldn't be here lol Molson has way more money and smart people working for it's company...highly doubt it was a flip of a coin to determine who they are going in bed with. They chose us, and just that makes you feel more comfortable during these tyring times. If we have a lot to lose, I'm pretty sure so does Molson....if not more.
Doc Brown