reported a net loss of $11.1-million in its latest quarter, up from a year earlier, when it reported a loss of $690.3-million, which included $616-million in one-time impairment charges.
Hexo attributed the year-over-year lower net revenues to decreased market share and performance in Ontario, Alberta and Quebec.
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BOO HOO
When you can’t find a business model that makes money on a product that 17% of the population uses…. Perhaps the regulatory system designed by the government isn’t working. How long will it take for them to wake up to failures of the industry they created.