Zenabis Global Inc. T.ZENA

We are a diverse, passionate team of doctors, scientists, researchers, growers, educators, and advocates who came together with the goal of increasing access to safe, high quality cannabis for medical patients and recreational consumers. Our four facilities are located coast-to-coast across Canada in Delta and Langley, British Columbia; Atholville, New Brunswick; and Stellarton, Nova Scotia. Zenabis currently owns 3.5 million square feet of facility space.

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Zenabis Global Inc. > Zena Shares will convert to HEXO

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Comment by KaizenPGon Apr 11, 2021 12:21pm

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Post# 32974319

RE:RE:RE:Zena Shares will convert to HEXO

quinlash wrote: They're traders that went short on the stock and are now looking at having to buy back over the price where they shorted Zena, they are praying the shareprice at least drops to where they went short... that's where just about every basher on stock forums come from.

This is an example of what happens when they get it wrong...

https://www.marketwatch.com/story/help-my-short-position-got-crushed-and-now-i-owe-e-trade-10644556-2015-11-19

If more people knew about shorting they wouldn't be wondering so much about why people who claim to have no position in a company come onto stock forums to do nothing but trash talk it etc.

Best to just correct their misinformation etc and back it up with links, searchable facts etc.

All the best Jimmy

Q

Jimmy713 wrote: Does not matter how many times we remind people of the conversion rate, they do NOT want to understand ... It is like talking to a wall at this point.

:-)

quinlash wrote: .... regardless of what the company did, regardless of what managment did, what they get paid, who bought and sold what shares.. etc etc etc.. go get over all of that and move on.

The shares of Zenabis will convert over to HEXO at a rate of .01772 per Zena share if and when the vote for the deal gets approved by Zenabis Shareholders. That vote is expected in apx 4 weeks (May 13th), upon approval the shares should convert within a short time afterwards (days, maybe a week or two).

Between now and when that vote occurs, the market will set the shareprice of Zena shares each and every day. The most influencial factor right now on Zena shareprice is the price of HEXO shares and HEXO has been trending up over the last few sessions.

If you are a Zena long and you are in the red, start doing some research on HEXO to learn about it's products, books and potential going forward.

GLTA

Q