RE:HEXO FINANCIAL ISSUES NEXT 12 MONTHS AND 2023 Quietinvestor wrote: For those who are trying to put a "positive spin" on the auditor comments, look what they really said. The concern is over the next 12 months, including 2023.
"Substantial Doubt about the Company's Ability to Continue as a Going Concern The accompanying consolidated financial statements have been prepared assuming that the Company will continue as a going concern. As discussed in note 2 to the consolidated financial statements, the Company has suffered recurring losses from operations, has had cash outflows from operating activities, and has financial liabilities that may require significant cash outflows over the next twelve months, that raise substantial doubt about its ability to continue as a going concern. Management's plans in regard to these matters are also described in note 2. The consolidated financial statements do not include any adjustments that might result from the outcome of this uncertainty."
That is put in nearly all financials when there released ,justt a disclaimer