Edited Transcript of HEXO.TO earnings conference call or presentation 13-Jun-19 12:30pm GMT

Thomson Reuters StreetEvents - finance.yahoo.com Posted 6 years ago
. So when we look at our cost per milligram, we track everything and then there's -- so there's 2 things to look at. Where do you need the supply to come from and how is that supply relevant to specific jurisdiction? So in the U.S., you need hemp to participate. But then, 2, whether it's biosynthesis, hemp or marijuana, we are continuously evaluating our cost per milligram of all cannabinoids and formulation and flower and then searching the most cost effective alternative. So you can assume that our hemp transformation will be at a good price.

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Krishna Ruthnum, CIBC Capital Markets, Research Division - Associate [77]

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Okay. And one last question just on your guidance for Q4. Just given where we are in the quarter, just wondering if you can give us some comments on the trend to date as well as your -- the pace and sort of your confidence of reaching that target?

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Sebastien G. St-Louis, HEXO Corp. - Co-Founder, President, CEO & Director [78]

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We're going to reach the target. I mean, I'd ask you and I continuously welcome challenges. I think that the analyst community is doing a phenomenal job in our space. I welcome more transparency in our space. I welcome a broader discussion for investors. If you ever hear me say something and not deliver, you have to call me out. And in reverse, I would tell you today, nobody has ever called me out on anything because HEXO has always delivered what we said we would. We're delivering a double this quarter.

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Operator [79]

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(Operator Instructions) There are no further questions at this time. Please proceed.

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Sebastien G. St-Louis, HEXO Corp. - Co-Founder, President, CEO & Director [80]

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Thank you very much, everybody, for your time and the great questions. Look forward to speaking with you during the following months and, of course, at our next earnings call.

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Operator [81]

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Ladies and gentlemen, this concludes your conference call for today. We thank you for participating and ask that you please disconnect your lines.