RE:"BUY"HEXOgeez louise, not sure what you said - but given you've only been a member of SH since the end of July - I'm not sure queen allows that many words in one post.
Yes, fed and provincial governments screwed the roll out big time - but that's pretty much what governments do, right. Plenty of blame to go around - if blame is the right word, everybody jumped on the cannabis bandwagon and was going to get rich (and many did) - but the current situation boils down to over estimating demand.
I mean if you knew licences and/or stores werent open, why did you grow so much weed?
The same goes for infused beverages like Truss, guess what - not that much demand if Hexo is #1 with $3 million GROSS sales per quarter.
Mr Market and supply and demand - pretty basic economics. Losermachine - (10/27/2021 9:16:56 PM) "BUY"HEXO The Marijuana Sector is a beautiful example of small business corporate and government greed. Legalization was a great idea wasnt it? Politicians drooled at the thought of re-election for being so innovative . Corporations ignited a race to the bottom as they initiated a full throttle financial capture of anything related to control the future of the green stuff. Goverment established layered incompetent bureaucracy to reassure the fact they did in fact understand the sector for what it actually was. Government spelled out the regulations,limitations,taxations,permits, Licenses,all based on experienced consultants that in fact probably could not grow mold in their own fridge. But it gets better. The small business "entrepreneurs " decided to get their hands in the game. Now this is winning sht..... Government spends tons of tax money getting the "entrepreneurs " through the process. And this process is so intensive because of the mold in the fridge ......well you get the idea. Now the "mold" experts are not only giving licenses to the "entrepreneurs " but now the Corporate entity is just buying the "mold"coolaid as fast as they can. And the best part is the "regime" does not even have set rules. The rules change when experience and knowledge becomes thin. So new rules are old and old rules become rules that apply when they can but don't just because.....they might not. Yep thats legalization. Bomb it up dude. Investors have been enjoying this. Consultants and Marijuana experts have had a field day. And companies that had no experience in the field have shares you can buy. Have fun. And remember. legalization.greed.profit.HEXO