Could HEXO Be a Millionaire-Maker Stock?
Last month, I shared some reasons for investors to stay away from Quebec-based marijuana company HEXO (NYSE: HEXO). There were a number of things to be concerned with, but the three biggest were the possibility the company could be delisted from the NYSE, its difficulty in keeping expenses in check, and its subpar cash position.
Having said all that: HEXO may still have the potential to be a millionaire-maker stock. The future is bright for any major marijuana company that can stay afloat until the pretenders go belly-up.
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Source Fool.com
