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Jan 14, 2021 10:32 AM

$HEXO 25% Upside target  Long

Description

HEXO Corp. is a consumer packaged goods cannabis company, which creates and distributes products to serve the global cannabis market. It serves the Canadian adult-use markets under its HEXO Cannabis, Up Cannabis and Original Stash brands, and the medical market under HEXO medical cannabis. The company was founded by Sébastien St. Louis and Adam Miron on October 29, 2013 and is headquartered in Kanata, Canada.
Comments
janfoux
Also I would add that they are a vertically integrated manufacturer (it's a big plus if you know how Tesla works and why is it better) and they produce a superior quality for a lower price than the competition and much much better quality than the black market for a lower price. This is a winner combination, think about it! Also the stock is way undervalued so add all this up and it becomes a long term investment with a huge upside potential in my opinion. They execute professionally and expand constantly so HEXO is going to be a worldwide leader, it's just that investors didn't find it yet. I'm thinking long term, 5-10 years. Think like coca-cola from the beginning. Cannabis is going to be like alcohol and tobacco so it's an enormous business. My target price is $30 mid term and $100+ long term. Add some at every correction, accumulate as much as you can. This is how I look at it.
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