Why Riposte Capital Wants Hexo to Consider a Sale

The video discusses Hexo's market position, highlighting its 50% discount valuation compared to peers. Despite this, Hexo has significant visibility due to a major contract with Quebec and a joint venture with Molson Coors. The recommendation is for Hexo to consider a sale or merger rather than independent growth due to high capital costs. The sector is consolidating, and Hexo's financial position makes it an attractive acquisition target.

What are the implications of Hexo's cash position on its strategic options?

What concerns are raised about Hexo's potential independent capital raising efforts?