Hexo Corp HEXO Stock Price target & Analysis
Hexo Corp HEXO Stock Price target & Analysis
Hexo Corp HEXO Stock is getting acquired by Tilray TLRY Stock. This could be a solid turn upward for Hexo Corp. In the meantime, this is a cannabis stock that has faltered significantly. I break down how to invest in cannabis stocks and what to look for with cannabis stocks. Cannabis stocks are likely to move quickly in light of cannabis federal legalization. And, because of that Hexo Stock may move upward significantly. With Tilray, TLRY stock, this is an opportunity to get into cannabis stocks at a small discount.
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Hexo has 609million shares but hate on SNDL for having 230million shares
Seriously??? This guy thinks because Tilray acquired Hexo’s debt that they now own them??? π€£π€£π€£π€£
Doesnβt Tilray tell Hexo what to do now keeping Hexo from making stupid moves ? So why wouldnβt Hexo be a good buy as cheap as it is . Cut the dead weight .
I am down 95% on hexo FML
I’m sorry but the simple fact that hexo is one of the cheapest stocks, when the legalization happens and all the retailers that really don’t know any better start just dumping their money into stocks most of them are going to go to the cheapest stock for the most bang for their buck and their les hexo. Long term I don’t know but short term I can see hexo hitting a dollar or even two simply off of the hype.
Would love an update from you on the buyout!
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Between Hexo and ACB, which one should I remove first from my porfolio?
I hope there will be more M&A in this sector because there are way too many weed companies
Thank you for this, looking forward to future perspectives.
Can you please make a video on Trulieve and on Jushy. Thanks.
ETF MJ stock??
The wild card with HEXO is the Molson/Coors joint venture. I think that’s the main reason TLRY targeted them, as it could help TLRY penetrate deeper into the US/global beverage market, alongside Sweetwater and Breckenridge. To me, standalone cannabis dispensaries will be a thing of the past, as I see cannabis products (beverages and flower) being sold heavily at liquor stores in the future to capitalize on foot traffic. Molson also has a partnership in place with Coca Cola with Simply spiked lemonade, so two of the largest beverage companies are lurking behind the scenes with a proven infrastructure to capitalize on infused beverages. Add in the appeal of Redecan products and HEXO may not turn out as bad as people think. I totally agree the financials don’t jive, so it really boils down to how much effort and capital TLRY and Molson want to invest to make it work.
at 16 cents a share, thoughts on inuv at 34 cents
Is tilray going to be highly diluted now ?
Hexo has exclusive rights to sell Tyson 2.0 products in π¨π¦ Canada, Tyson will be selling his cannabis products in Canada soon
Been waiting for this deep dive! <3 many thanks!
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You know a sector has sold off to hell when a company that has 1 billion in losses despite only having a market cap of 100mil still has an intrinsic value almost 3x the current share cost lol π
But truthfully I hope this will show all these guys talking about how βHexo is a good buyβ how ridiculous they are. One of the worst companies of all time. You were far too charitable in this brother!