Tag: hexo.nyse
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![HEXO (HEXO.T) surges 20% after it raises $57.5 million “to do stuff”.]()
HEXO (HEXO.T) surges 20% after it raises $57.5 million “to do stuff”.
To be blunt, Hexo is selling $15 pizzas with food-costs of $40. It’s not a great business model.
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![The Good, the Bad & the Ugly; Trulieve Cannabis (TRUL.C), KushCo Holdings (KSHB.OTC) and Hexo (HEXO.NYSE) release financials]()
The Good, the Bad & the Ugly; Trulieve Cannabis (TRUL.C), KushCo Holdings (KSHB.OTC) and Hexo (HEXO.NYSE) release financials
“Borrowing money and expanding hard in competition with MedMen (MMEN.C) is a two-edged sword,” explained Equity Guru’s Chris Parry, “In a strong market, you’re building far more value than you’re borrowing but, in a down market, you’re under extra pressure to keep things together when debts come due.”
