quinlash wrote: The company has to communicate to the Market
MUCH better IMHO. News Releases via LinkedIn regarding new product rollouts is simply not cutting it. Current investors are not expecting to rely on LinkedIn for updates, just as importantly, those monitoring the Company for progress and considering an investment are not monitoring LinkedIn ->
PERIOD.
The company itself does have a challenge to address, that being the 2023 debentures. IMHO this is a small hurtle for the company due to the cash position reported, the $100 Million in Escrow for the debentures, the incremental cash from Bellville as well as new (never seen before) cash to be reported from Redecan and more cash yet to come from the sale of unneeded assets left over from the acquistions HEXO Corp made in 2021 in order to place it in the top spot within the Canadian Cannabis Sector.
The company, IMHO,
is a sleeping giant with apx 1200 Employees, 2 Million Sq Feet of growing facilities, supply agreements with 3 countries and a foothold in 17 US States. It is partnered not once but twice with Molson Coors, a Fortune 500 company. The company has stated (and re-confirmed) a Fortune 200 Partner for Food Products and we await to hear excactly who that is.
For myself, for my own Friends and Family Group.. we invest for the future, we invest in Sectors we see as having a strong future and we invest Long-Term. We see Cannabis a being a sector with a bright and fruitful future and we see HEXO Corp as being undervalued, under appreciated and having one of the brightest futures of all Canadian Cannabis Companies... with an eye on Global Expansion
WE WILL NOT SELL A SINGLE SHARE while WE WILL CONTINUE TO ADD.
If you sell to us, we thank you for your shares, we certainly hope you can live with your trade a year from now.
GLTA
Q