RE:WTF???A major restructuring is obviously needed at HEXO, beyond the departure of it's CEO/ Co-founder along with a couple of Finance and/or HR executives.
Despite HEXO overpaying and going deeply into debt (financing/jepordizing its future) to acquire Redecan, Redecan likely will be HEXO's eventual salvation.
Redecan is a well run, profitable entity that has done, and continues to do, things profitably.
That being said, and in the absence of a major restructuring at HEXO, Redecan's contributions alone will not save HEXO.
Someone with deep, deep pockets has to come in, take over, and clean the mess up. If big tobacco and alcohol are not interested in doing so, then maybe some billionaire needs another "challenge" beyond flying to space.
Maybe HEXO's (secretive/unnamed) US ventures partner has pockets deep enough to help right the ship.
Probably not, but then we should eventually know who this partner is and what merit/value warrants being assigned to the business partnership if in fact it does exists in a meaningful way.
Personally will be watching from the sidelines for the next couple of months.