HEXO SLIDES

JESSE STANIFORTH

Hexo was forced to take a $2.4M writedown on its inventory of cannabis trim (lower-cannabinoid leaves and stems, collected for processing into extracts for edibles and vapes). Cannalyst Andrew "Mollytime" Udell said, "Producers were accumulating this byproduct for cannabis 2.0. There’s so much of it," which is a problem considering producers may also be holding large stockpiles of high-value, high-cannabinoid buds.Financial . . .