HEXO Equities Warrants Exp 2 Apr 2024 T.HEXO.W.A

Time for another 180

[CougerMilk]

I don't know if anyone at Hexo reads this board, but this message is for the company. Why go back to a failed strategy? The message of 2019-2020 was clear and should have been unforgetable. M&A & dilution: bad. Disciplined offence on product market: good. If those clear lessons were not absorbed and indelibly imprinted in the culture at the top, then change at the top is required. 

Others have said it too, it's overdue for  SSL to put his own behind the company. For the sake of shareholders, he'd better be the biggest individual subscriber to any issuance.

I am not holding Hexo stock at the moment, so perhaps I shouldn't be so worked up. But, I won't be back until there's 180 (again) - one that will last, regardless of the discount.

[quinlash]

Hey Cougar, Welcome back, it's been awhile.  Regarding your comment, the simple truth is this that Cannabis is still an emerging industry.  Not all of Canada has stores open yet, the US has yet to federally legalize and most importantly, all major players are still forming partnerships as well as developing and rolling out products.  All of these efforts take time and money.

[CougerMilk]

Thanks Q. I am still upset by the Zena deal. Plus they have (or at least had) the cash for R&D and product deployment already. Maybe I am talking out of my rear here, but frankly I would be comforted if they brought Burwash back... anything to signal prudential lessons have not been forgotten. All the best.

[quinlash]

No worries Cougar, I would suggest researching each of the BOD members of HEXO.  Combined the BOD has a very strong business background and considering they all approve the ZENA deal tells me that they see it as being in the benefit of HEXO.  I also have to trust in the BOD that this raise of capitial is indeed needed to stay competitve in the market and to ensure they can grab market

[riddler]

Your story is changing again, but not surprising to support your thesis - you are never wrong and there are no negatives with HEXO.  You told other posters when they made these arguement, that there was no need for additional cash - automation, HEXO has the ability to produce more products to the assembly ine at Belleveille. Misleading and misreprenting the facts = Queenlash.  DYODD