Motley Fool Recommends HEXO... (video) Quiet... you rely on Motley Fool far too much, besides the fact that they all have the fine print on the bottom to states "The Motley Fool Recommends HEXO" and that their disclaimer even notes that they allow outside writers use their mailing list here are some holes that are obvious to anyone who has done actual research on HEXO.... rather than be lead around by MF..
- The Baking Power just got released last week
- HEXO has had their value brands out for about 2 years now and have been reporting right around 40% margin on sales in each of their QTR reports
- HEXO has drinks rolled out in Canada and in Colorado
- HEXO is working on edibles and Zenabis is working on the Gummies
Can HEXO's margins drop ? Maybe, margins in ANY COMPANY and ANY SECTOR can drop however we have to see what the company is doing to reduce costs through means such as automation to keep costs as low as possible. The upfront cost of implementing automation can be high and likely kept HEXO from being the first Cannabis company's to turn cash flow positive however now that they have automation in place it is reasonable that their costs will go down and margins will in turn go up...
You should check out the video tour of their facility, obviously you completely missed the part where some automation is should in the video...
(Dec 9th, 2020) - Video HEXO Virtually Rolls out New Belleville Facility
https://youtu.be/nhTKnCRhzv4
Just for giggles... go back to 2020 and pull up the nasty negative articles posted by Motley Fool on HEXO.. they all have the note that they recommend HEXO as well. Even in articles where other Cannabis companies are mentioned it is only HEXO that is recommended.
Nice hey :)
Q