Hmm, well, what this tells me is that when it comes to GI Joe, Hasbro can't get their poop together. Seriously, it's like they have A.D.D. or something. In the past couple years we've had Resolute, the movie, PoC, Renegades, and the 25th/30th anniversary stuff.
I think the problem is none of these has been a total home run. But at the same time, hasbro hasn't gotten 100% behind any of these. Well, maybe the movie they did, but it suffered from not being very good. Yes, it made enough money to warrant a sequel, but critically it was a flop.
If they really want to revive Joe in a serious and sustained way, they need to have learned something from each of these things and try and cobble something good and sustained together going forward. A really good well written and directed movie would go a long way in helping with that. This may be what they're thinking by cancelling.. ahem, putting renegades on hiatus. Joe doesn't seem to have the core audience transformers does, so perhaps they're regrouping for something more coordinated. Time will tell I guess.