HEXO Corp. HEXO

Look at the numbers. One more quarter and we will start to do well.

• Closed the acquisition of Newstrike Brands Ltd. (“Newstrike”)
• Transferred U.S. listing from the NYSE American to the New York Stock Exchange
• Secured European medical cannabis license through Greek affiliate, HEXO MED S.A.
• Adult-use grams and gram equivalents sold increased 45% from Q3 to 4,009 kg
• Produced approximately 16,824 kg of dried cannabis, a 72% increase from Q3

Subsequent to quarter end:

• Launched the Original Stash brand that competes with black market prices
• HEXO’s JV with Molson Coors Canada, Truss Beverages Co., announced first beverage brand for 2.0, Flow Glow, a partnership with Flow Glow Beverages Inc. water for CBD infused beverages
  Announced a $70M private placement of 8% unsecured convertible debentures.
  Obtained research and Phase 1 license for Belleville, and sale of cannabis topicals, extracts, edibles and beverages for Gatineau facility

Things take time.

https://www.globenewswire.com/news-release/2019/10/29/1936725/0/en/HEXO-Corp-reports-financial-results-for-the-fourth-quarter-and-2019-fiscal-year.html

They still got 113,568 cash left. Let’s hope after December things get on track.

I don’t see Q4 on HEXO website?

Bad News for Hexo Stock Is Baked In.
Back in at 2.39

I agree under general rules HEXO insiders are not allowed to buy within 2 weeks of end of year report announcement and not within a week of quarterly earning reports but who know because maybe that’s why HEXO said they are going to delay the release of their end of year report just so they can buy from a technicality in the rules but I would look up the NYSE rules on more of the gray area questions. I’m going from memory.

But still HEXO insiders can invest in other ways through others without breaking the law which is what they are doing right now in my opinion due to the fact HEXO is investing 70 million in itself l.

Insiders can invest during blackout times through friends and family and other various ways which follow different laws.

“It is anticipated that certain insiders of the Company will purchase approximately $8.676 million principal amount of the Debentures under the private placement. These purchases will be considered to be “related party transactions” pursuant to Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”). The Company will be exempt from the requirements to obtain a formal valuation or minority shareholder approval in connection with the participation of these insiders in the private placement in reliance of sections 5.5(a) and 5.7(1)(a) of MI 61-101.”

https://www.globenewswire.com/news-release/2019/10/23/1934316/0/en/HEXO-Corp-announces-70-million-private-placement-of-convertible-debentures-led-by-Directors-CEO-and-long-term-shareholders-reschedules-FY-2019-earnings-call.html

Canada gets ready for Cannabis 2.0

https://www2.deloitte.com/content/dam/Deloitte/ca/Documents/c-and-ip/ca-en-consumer-nurturing-new-growth-en-aoda-may31.pdf

What sets HEXO apart from the rest?

1. Projecting about 50 million debt with nearly 200million in cash and 180 million line of credit.
2. HEXO is saving its cash and loan to invest their money hard once the laws are clear. Other companies have over spent investing in every sector and cash burning like crazy.
3. HEXOs business model hinges on partnering up with Fortune 500 companies from many other sectors such as tobacco, beverages, food, cosmetics, elixir and other sprays and lotions and etc. HEXO looks to Brand their name through marketing techniques similar to Facebook. Think about all the ketchup bottles with a facebook logo on the back but instead it will say Powered by HEXO. Branding is the future and HEXO is the first to jump heads first in USA because they’re working with more legal and less restricted markets in the USA when talking about food and beverages.

1. HEXO is the only company getting more than just investment help from Fortune 500 company MolsonCoors (TAP). Yes CRONOS is getting help from Heineken/Corona but they are not getting physically involved yet until it’s federally legal in USA.
2. HEXO has a distribution advantage. Any company doing more than 1million in business a year in Quebec must ship their product through HEXOs distribution hub. That means Aurora, Canopy, Constellation, Tilray and any company doing more than 1mill in business must go through HEXO. This gives HEXO data on shipping problems ahead of releasing beverages and edibles in large volume. HEXO gave the secret data to Molson Coors and they gave them solutions and helped them fix much of the anticipated problems.
3. HEXO built its company to start in food and beverages so the vape concern is not a huge loss to HEXO like it will be to many other companies who have invested heavily in vape.
4. There are many other reasons too but how many more do you need?

Lots of movement today! I think it’s a good sign pre ER that people wanna catch the wave!

Classic 3 point play just happed! It’s about to shoot up!