RE:RE:RE:400 M Guidance in 2020....Yes there are a number of us, including Q4E who made some very very nice money in 2019 from HEXO and other LPs. At that time, SP was driven by hype, not fundamentals. Shorts were not around, SP moved green for most of the time, and NRs were constant.
With the passing of time in the MJ sector, fundamentals drive and hold the SP now, not hype, or NRs. As well, US MSOs joined the sector, many which are peforming much much better than HEXO was and will. I striongly doubt, excpt for beverages that HEXO will have limited penetration in the US market - it owns no dispensaries in the US. By the time US legalization occurrs, all of the US MSO and Canadian LPS who have bought into US MSOs e.g. CANOPY and TILRAY will own the US market share.
Where HEXO goes, no one knows. Too many unkown variables as MJ is treated more and more like a commodity and US MSOs continue to open more dispensaries across the US - 500 dispensaries in California already owned by a various entities. The longer US legaiuzation drags out, worse for HEXO. As well SAFE banking Act will only make US MSOs even stronger.
We will see where my 175 shares go. .