Report
Nikolaas Faes

HEXO - SELL | CAD1 VS. CAD2.8 (-44%) Dark clouds are gathering

HEXO - SELL | CAD1 VS. CAD2.8 (-44%)
Dark clouds are gathering

2021 revenues up 53%
Increased risk of highly dilutive equity issue
Auditor warns for cash short fall
New management warns of inadequate oversight
Underlying
Provider
Bryan Garnier
Bryan Garnier

Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.

Analysts
Nikolaas Faes

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