GREY:ALEAF - Post by User
Comment by
rad10on Dec 06, 2021 8:08am
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Post# 34201339
RE:Ex ceo at hexo such a dope
RE:Ex ceo at hexo such a dope
sthinei wrote: Goes into all this debt in an unprofitable busines without enough rope to stretch things out for a significant period of time. I suspect they will be sold. Whoever buys them gets second largest market share in Canada, biggest share in Quebec, # 1 pre roll brand and eu gmp facilities in Malta.through Zenabis. The whole company could be sold for $1 bln despite the fact they just bought redecan for $900 mln. These ceos could not pass a first year commerce degree in university. Real dopes.
Facts! And nice play on words in the title!
this sector seems cursed. Peter Aceto seemed like a financially literate CEO with a strong banking background - and CannTrust blew up in his face.
As for the others - without question this industry has attracted some clueless wannabe C suite types.
It's a great example of "bet the jockey, not the horse" . Those old Midas pump videos should be compulsory first year commerce viewing.