RE:This individual explains it the best HEXO was under management by it's founding father who, IMHO, counted too much on Cannabis being legalized in the US within a much shorter timeframe than what ended up happening (or yet to happen).
He was motivated, that's for sure, he was Bullish, without a doubt, but he needed to be more patient, which he wasn't. Had he not done all of the acquistions of other companies that he did then HEXO Corp would likely have turned cash flow positive rather than get buried in overhead from those deals.
Anyhow, I still hold shares that were once HEXO but now converted to Tilray and have added additional Tilray shares to that mix. I noted I am in this for the long haul and for eventual US Legalization, that has never changed, I doubt it will and I wish all the best to all those invested in the Cannabis Sector who believe this will eventually turn into something great and long overdue.
Best Regards,
Q