The problem with Canadian Cannabis CosThe Canadian companies and the retailers DO NOT have the products in demand. I know people called and try online to buy cream, oils, etc for pain relief and it looks like the stores are hiding their identity because nothing is approve. As for the dry smoke products, it seems Canada doesn't have any company that produce good quality. I heard of Auxly and their affiliated companies will bring the best to the market soon, may be that's the type of companies that will survive and prosper.
In general the cannabis business is still is in enfancy, time is the judge. All in all today Hexo announcement is very dissapointing, that's why the CFO resigned and probably the company is in turmoil.
The best way to deal with Cannabis investment is short term trades. Hexo had its good time, I made a fortune trading Hexo, unfortunately there is a Stop on every road and Hexo will go much lower in the near future, unless Molson decided to inject more money.