lets not talk about Other companies :) dont feed into these bashers by always commenting on that threat they want you to post so it keeps thread of negativity going
i think theres a silver lining in the news today.
alot of markets are down today not only cannabis. weve all seen Hexo take a turn for the better part of this year with restructure.
profit margin is high. theyve done something in the flower market before anyone else with releasing OS at $5 a gram to compete with ileagal market. the resul of that drove up sales. it forced the hand of the big companies to adjust and lower prices down to market.
i think hexo single handedly made the bigger companies lose not only market share but profot margins while their everyday costs high unlike hexo.
yes theres alot of other good things with truss etc. but the exposure for hexo to grow and overtake some of the bigger names will increase SP so long as the company makes smart moves and adjusts. the SP will go up and with US election that could def help but they have to be smart in the next 2 q's cuz other companies have been lowing prices to compete with hexo but that wont be reflected until the next 2 q's