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noman

9 posts

Posts (9)

noman HEXO 6 years ago #3

@Hexo damn, no room for stop losses anymore ?

noman HEXO 7 years ago #5

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

noman HEXO 7 years ago #6

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

noman HEXO 7 years ago #7

I don’t see Q4 on HEXO website?

noman HEXO 7 years ago #8

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