RE:RE:RE:Tweed or HexoOnly closing 3 facilities. Get yourself a big beach towel to wipe the egg off your face. You guys are always good for a laugh. Hexo caught you with your pants down....lmao.
HEXO made the decision to decommission the:
Kirkland Lake, Ontario facility, which was acquired through the 48North acquisition, effective on January 31, 2022.
Brantford, Ontario facility, which was acquired through the 48North acquisition, effective on January 31, 2022.
Stellarton, Nova Scotia facility, which was acquired through the Zenabis acquisition, effective February 28, 2022
Homestretch4me wrote: Saying about hexo not closing greenhouses. You guys think you're so smart but you all talk out of your azzes.
https://twitter.com/WeedStocksNews/status/1458095986488795139?t=Hbf0h7eAJWLHh7mz5wMSSg&s=01
ridingrockets wrote: Hey Lily!
Nice to read from you! (yup still single ;) and still 6'3" lol)
Personally I am big on HEXO - They appear to have a genuine path to profitability. Mid Dec is their next ER. I wouldn't compare what happened to HEXO as of late to CGC or others for that matter. HEXO lacks the cash on hand and were penalized heavy for it. There are no concerns regarding day to day operations, the cash concerns regard CAPEX and 2023 debt.... Their sales are increasing though and that is a big one... WIth their springtime acquisitions they have placed themselves at the top. They are
not closing Greenhouses left and right. They grow their own
value weed and it sells.... I do not know how CGC will compete with 3rd party product? I still wish it was HEXO that bought FIRE lol but can't do anything about that one.
As some of us talked back on the FIRE board I still feel the same re Tweed - Their decreased sales B2B is evident of that. However people still have CGC hype in them for some reason.... If America does not happen in the next year I would be concerned about these guys if things remain the same. They need more acquisitions or a reduction of required sales to break even (currently 250m), possibly both... Their guidance that was pulled LOL? is the same guidance I felt they should have never put out there. There was no way imo that they were going to get to it. When you read the earnings transcript there is a lot of double talk if you will and it is not funny for everyone but I lauged.... That being said if America legalization happens sooner than later CGC likely provides you the quicker bigger pop - if you want to take a chance on waiting for a large LP to get to a free cash flow and enjoy the ride that will come with it: HEXO.
Tesal per Musk is overvalued - it has only continued to go up since he said that. From what I recall he has said that several times..... Market is messed that way FOMO is real and all it takes is a bunch of people buying and holding a dumb stock for that stock to POP and stay up (
GME AMC) CGC has that in the market available to them. The name Tweed (slang) is catchy, Snoop and Martha have sway. Constellation is constellation.....
If you okay with mid risk solid reward do some research on Indiva. You may not like it for whatever reasons but at least check it out! They hold the WANA distribution rights (amongst others) in Canada until mid 2025 or so. Too long for Canopy to let someone else make money off their company imo....
Aogee, sadly I do not own a house, it's a condo lol so I have watched my friends outpace me on the home equity pop over the last while but I can not complain. No snow/grass removal lock up and leave for a week or two and not be concerned. Up about 100k in the last year alone (condo 2 floors above me sold a couple of months ago). Definitely no complaints over here. Yeah when people with ignorant aliases (IvanwisheshelookedlikeIvanka) have nothing to contribute it says it all. While I wasn't born and raised in The Hammer I love the character....
Have a great day all!
LiLy2021 wrote: I'm m going back and forth between these two names and I can't make up my mind yet. I need your help.
I want my money back. Which one of these two has a better chance of doubling from here? Many would say go for Tweed because of its size. While I'd be lying if I say size doesn't t matter, I'm more into performance and currently Tweed is not performing as expected. We all know that size is not a fixed quantity; it changes. Look how much Tweed has shrunk from lack of performance.
I awaited the ER to see how things go before making my decision, and I'm now as clueless as ever. I am not as disappointed about the loss, as it is expected that Tweed is not turning a profit until the second half of 2022, as I am about the lack of guidance from top management. I can't come up with a better analogy, so I will have to borrow one from my grandpa Albert Einstein: When investing with a profitable, well-run, well-managed company, it's like courting a beautiful woman--two hours seem like two minutes whereas investing with a company that's losing money and unable to provide clear guidance on its path to profitability is like sitting on a hot stove; two minutes will feel like two hours. How long are we expected to wait for Tweed to turn a profit?
This is the risk I'm willing to take, but I want to go in being as informed as I can. Hexo has been suffering as much as Tweed has. Which one do you think is going to recover more swiftly from here?
@Ridingrocket: Nice to see you again! Thank you for your product reviews and your insights into this stock. Last we talked, I remember you saying you're single. Congratulations! Whatever you do, stay single or being in love. Marriage is like a novel in which the two main characters die in the first chapter.
Hi AOGEE! Good to see you, too. Do you still own any Tweed?