Sebastion St Louie was the CEO of Hexo - and the one who ruined them financially - which allowed Tilray's eventuall acquisition. SSL - as quinlash affectionately calles him - did great deals like Simon, overpaying for Zenabis ($225 million) - and Redecan ($900 million - yes, you read that right) who had annual revenue of $68 million.
Guess what - Simon bought $250 million of Hexo debt.
Guess what - Hexo was going to declare bankruptcy, because they couldnt make their payments
Quinlash defended SSL like he now defends Simple Simon. Quinlash referred to SSL as a 'visionary'.
Quinlash fprgets that SSL ruined many investors financially - I'm sure he's happy SSL is cruisinga round the lake in his $250,000 power boat.
The Montour's who owned Redecan - finally put SSL in the corner on a stool and made him wear a dunce cap - and then just gave him the boot for total incompetence and ruining Hexo.
Quinlash, posted the below goodbye - lamenting that poor old multi millionaire SSL surely must have made a lot of financial sacrifices, ending 'God Bless you SSL'
Whose side is quinlash on? It sure isn't his feloow investors - he's a paid promoter who pays homage to his new leader
quinlash - (10/18/2021 10:10:01 AM) Farewell and Best Wishes for our CEO I would personally l like to thank our CEO for all of his hard work and his dedication to making HEXO the company it is today. I would especially like to thank him for taking the initiative to start the company during a time when Canadian Cannabis Legalization was not certain and for having the foresight to see it become a reality.
His self-sacrifice, both financial and I am sure to his personal life, was great and I am saddened to see him leave. I trust that his decision did not come lightly however, I am sure it is one he made for the advancement and future success of the company he sacrificed so much to start.
With heavy heart I wish Mr. St-Louis all the best in his future endeavors and hope to see him remain involved to some extent with HEXO Corp going forward.
God Bless you and yours.
Sincerely,