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home / news releases / VICE - HEXO: Time To Quit The Addiction Called Dilution

VICE - HEXO: Time To Quit The Addiction Called Dilution

AdvisorShares Trust Vice
  • HEXO is a top 5 LP in Canada by sales volume and has a leading market position in Quebec (33% market share).
  • The stock is down 45% in 2020 despite improvements in the Canadian market; we think dilutive equity issuances were the main culprit.
  • Despite improving operating performances, HEXO needs to do a better job of stemming cash burn and avoiding further dilution.

For further details see:

HEXO: Time To Quit The Addiction Called Dilution
Stock Information
Company Name: AdvisorShares Trust Vice
Stock Symbol: VICE
Market: NYSE
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