RE:HEXO CEO... 400 MilEven at $400M a year, the company is on the right track.
ALL the incremental opportunties will hopefully push teh volume to 800-1B in the upcoming years, making thiis an incredibly good opportunity for long term holders.
even if the shares go to the 40 max they were at before, you would be making 10x the money. 10x.
even making 2x your money would be amazing, who wouldnt like 10 or more!!!
quinlash wrote: Noted a annual sales target of 400 Million for the Fiscal Year 2020 and later retracted that. This may have been contingent on a pending CPG partnership, relied on US Legalization or some other thing that was outside of the control of HEXO.
In yesterday interview the CEO and CFO noted that had Redecan was already part of HEXO then the QTR sales number would have been $153 Million. If we multiple that by 4 we get an annual sales figure of $612 Million.
Running some advanced math..... we can clearly see that $612 Million is more than $400 million (don't forget to carry the 9, mutlply by the number of BS posts you see on SH and then add 3.67777777)
Ok.. enough math for now :)
Q