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HEXO Corp. (HEXO.TO)
Toronto - Toronto Real Time Price. Currency in CAD
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Anyone have clear picture where we heading to?
If you can only buy 5 at a time you can only grow so fast.
"Cannabis beverages amounted to only $28 million of the $2.6 billion in total legal marijuana sales made last year, though about $24 million in drinks have been sold in the first five months of the 2021 according to Hifyre. "
"The marketing or advertising of cannabis is mostly restricted to age-gated establishments or social media, with drinks only available at licensed stores. Customers are also limited to buying roughly five individual items per purchase. Regulations currently prohibit the sale of the same pot-infused beverages in restaurants or bars"
will it keeps green from now as I expected?
As the cannabis drink market struggles to take off in Canada, Truss Beverages Inc. is borrowing a page from the alcohol industry in order to better inform people as to where they can buy the infused beverages.
i skip my pizza lunch and bought 2 hexo shares
no buyers no sellers, only accumulation. This is a good signal, very bullish. if you go to see the OC and BC report you will find the real numbers of the new company. close to 17% market share in Ontario, more then 20% in British Columbia (online sale). zenabis and redecan strong in british columbia
Key words are Patience, Long and Strong
When after shareholder approval will they close the Redecan deal ?
Also the 48 north one as well ?
More states and Mexico moving in the right direction.
Insider just exercised 75,000 options at $7.43 per share.. Reported on Sedar
Glad I bought the dip at 6.93cd
Still here just holding and watching. Might take a little time but I believe hexo will be a winner.
Come on, keep bringing that price down. once $6 hits I'll be buying another 1000 shares or so. made my money off this stock loooong ago. everything from here on out is just gravy
we're a quiet bunch today
Working capital remained strong at $ 182M, with $ 194M of cash on hand as of today. Far from bankruptcy.
To optimist like @EllisWyatt, Jor Jor Binks, Longeezy..
I posted this 2 times so far. Nobody was able to provide a credible answer.
Last call; tell me your honest view on this.
-Net sales increased 2% (YoY)
-Net revenue, excluding beverage, increased 14% in ontario. (QoQ)
-Total non-beverage adult-use net revenues in Canada, excluding Qc, rose 169% (YoY)
-Total net sales are down 10.2M, QoQ (-31%)
-In the last 16 months, Canada opened more stores. Hexo expanded it's product line.
-Net revenues from sales of goods, YoY, almost flatlined. (Q3 20 - 22,078 / Q3 21 - 22,660)
How does this points to a trend going the right way; to a growing base of repeat customers?
I happy hexo is focusing on canada to be top 1 rather all the canadian ships all fighting for a small pie in usa and end up losing the canadian own turf .....
150,000 Short Shares available... be patient and wait for it.
Jor Jor Binks
thanks for the cheap shares :)
A new King has risen and here to stay! Number 1 in all categories and a fraction of the mc of CGC, CRON, TLRY… 10x in next 2 years
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