RE:INVINCECanopy rolled out drinks months ago and had to pull them back due to issues they found with quality. HEXO (IMO) has been working with Molson to ensure product quality prior to launching and risking a not-so-good rollout.
It is frustrating to wait at times however if they rollout a good line of products that are well recieved by consumers we will all be sitting back and thanking the stockmarket God's that we had the patience to do so.
Patience is a virtue with it's own rewards.
GLTA
Q INVINCE wrote: I too want the best for HEXO Corp. We all must understand afew things. First Truss JV with Molson. You do realize were not the only beverage company right? Remember this one Canopy Growth. Canopy Growth is like HEXO Corp. HEXO Corp is like Canopy Growth both seek the same achievements by reaching higher STATUS of trying to become a higher end well known companies. They both are involved strickly to MAKE money. He who is KING will make the most money and take revenue from the other.
Canopy Growth been selling if im correct on the second half of March 2020. Its drinks already have been sitting at various participating legal sellers of cannabis products through out Canada. Canopy Houndstooth Tweed beverages 355 ml containing THC plus CBD. Now where is HEXO's everyone keeps of asking?
Making money costs money. Before and after. Costs of marketing, book keeping, style of product looks, testing, cash expenditures such as loans, overhead, dues, Molsons cut etc etc.
Now this is one most important factors COSTS of the THC beverage. Public consumers want best deals. Now once again im flipping a coin on this TRUSS THC beverage of having second thoughts. I now have concluded the cost of a single beverage initially will have to be high. HEXO's if and when they ever do put it out will be in a war with the other MJ's beverages. Canopy's THC beverages cost to much correct me if im wrong its between $7.00 to $9.00 for ONE beverage only and the buzz off one next to nothing. If there trying to pump these drinks as stating they are also extremely healthy an't going to work. To me now the more i think about this ideal the less money maker it becomes. Can't believe how long its been since they annouced the JV with HEXO. When the original annoucement came out about HEXO doing a joint venture with Molson the EXCITEMENT was based on the whole concept BUT that feeling has dissipated, this ideal originally sounded like an excellent ideal at the beginning but sorry HEXO you'll have to blow away your competitions prices on this one if you want to be RECOGNIZED and make HEXO beverages a house hold name. SPEAKING of excitment compare the SP back then when the JV with Molson announced now LOOK at where the SP is. I would say thats a major DROP.
CONSUMERS always like to try products initially but will they continue? I think HEXO needs to concentrate on generating cash from what the cannabis public wants. I would say smoking cannabis will be the revenue kicker like i said before one them is STASH.
These recent eye droplet type of liquid bottles that TRUSS just recently announced VeryVell of 3 different types. The only way these are going to gain worth while net revenue gains of substantial worth while gains is how the consumers react overtime. Sorry once again HEXO these so called adapted type of snake oils? in my future down the road calculations the net revenue fiqure may become what you don't want, negative over time.
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