HEXO salary mass. HEXO salary mass
1200 employees x +/- $ 35,000 = 42 Millions minimum this is incredible + the other costs of insurance, hydro, electricity, advertising ... etc
It is too expensive a business to operate in Quebec, Canada.
The ideal is to open up production in poor countries with lower wages, for example Paraguay.
I think HEXO cannot survive if it does not have short term solutions to lower the cost of production.
The current problem with the pandemic is that Molson or some other big company is unwilling to invest on a large scale right now because we are in a recession. Be careful with the United States Elections this is an Economic Crash tipping point.