RE:RE:RE:RE:RE:RE:RE:RE:RE:Globe says Hexo seen accelerating its profitabilityVery very few Cannabis companies have turned the corner to being profitable and ZERO cannabis companies were profitable when they hit their all time highs a couple of years ago.. never forget that.. as they turn profitable it may be possible that these companies will exceed their record highs. For HEXO that would translate to $44 per share and their may be turning profitable in March.
If you want to go and look over Canopy Growth they just announced that they do not expect to turn a profit until 2022. Check their shareprice, check their Price to Sales ratio.. compare that to Zena and HEXO... SURPRISE.. Both ZENA and HEXO are undervalued and now they are getting together to increase sales.
Hope that helps
Q
cmj1966 wrote: Where you concieved in elevator shaft at the bottom Jimbo?? Simple question Income Vs Expenses forget about all the other #,s Does Hexo make any money or are gonna be Zena,s big sister and go down with the sinking ship slowly??