MAY NUMBERS ARE OUT!!! Sorry longs!!Another massive 40,000kg increase in supply!!!
sales increased 600kg or 7% month over month
May inventory is enough to supply Canada for 27 months!!
if you take Hexo last quarter numbers and assume they keep the same market share they will have approximately 20% more sales this quarter. So that’s what $18 million revenue? Maybe they will only lose $9 million instead of $12 million LOL
New 52 week low coming hahahaha
https://www.canada.ca/en/health-canada/services/drugs-medication/cannabis/licensed-producers/market-data/supply-demand.html