TFSA Investors: 1 Consumer-Focused Value Stock Selling at a Bargain Price

Hexo’s primary business is to cultivate, process, package, and distribute cannabis in order to serve these markets, which it currently does through the company’s 143-acre facility in Gatineau, Québec.

The company’s overall strategy is to establish a top global cannabis company with a leading market share in Canada.

The company is focused on profitability and continuously looks to implement more effective techniques to streamline operations, lower production costs, drive meaningful improvements in yields and improve inventory velocity.

To expand Hexo’s brand leadership, the company uses Hexo’s dominant position in Quebec to strengthen distribution in select markets across the country.

Due to the length of time and level of complexity in developing arrangements, the company is now opening itself up to explore other types of partnership opportunities with CPG companies.

Each product is carefully selected to treat symptoms universally reported by patients and meet the needs of adult-use customers.

In all, Hexo offers three oil-based products priced between $69 and $89 per bottle as well as an intimate-use oil product used in a spray bottle.

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