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Replies to #53 on HEXO Corp (HEXO)

MMPRuser

07/02/17 11:54 PM

#54 RE: MMPRuser #53

forget what I just wrote, I just drilled down into Hydro fins, don't like debentures and I was wrong about outstanding shares, this needs to drop further....

w1104

07/03/17 1:22 AM

#55 RE: MMPRuser #53

From what I can recall, they just started using their ~40k sq foot green house at full capacity. They're in the process of building out a new 250k sq foot green house which should be done by mid 2018. I believe they're property is 65 acres too so, they probably have lots of room to grow out.

They just got a license saying they can grow as much as their vault can hold.
They have one of the lowest cost per gram now at $1.32

I think the fact that they're in quebec is a bit of a wild card. I am pretty biased against the Quebecers, so I'm pretty much counting on them to screw over thcx in some way.

Overall, I like the brand and I'm okay with bag holding this for a few years. I'm betting on this being a sure thing. I think they'll be able to steal a lot of the market share away from canopy.