Bullboard - Stock Discussion Forum 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... see more

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TSX:ZENA - Post Discussion

Zenabis Global Inc. > speaking of EBITDA

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Post by Jimmy713 on Mar 07, 2021 1:58pm

speaking of EBITDA

Zena got three consecutive quarters of positive EBITDA.
HEXO will have a positive EBITDA on March 18th aka Q2 2021.

Both companies have multiple consecutive net revenue increase on quarter over a quarter bases.

Cheers

168

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Comment by cmj1966 on Mar 07, 2021 4:00pm

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Comment by quinlash on Mar 07, 2021 6:09pm

What is amazing is how high these stocks traded for back in 2018/19 when none of them were really pulling in any money from sales. Now, in 2021, we have a ton more stores opened across Canada and (finally) over 300 open in Ontario with another 700 needed to address demand. As sales increase they each get closer to being cash flow positive. ZENA is super close but short on cash, the ...more

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Comment by truthseeker1 on Mar 07, 2021 8:53pm

zena is NOT close to being anywhere near self sustaining and thats why they need to merge

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Comment by cmj1966 on Mar 08, 2021 12:05am

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Comment by truthseeker1 on Mar 08, 2021 10:10am

its a good deal for hexo they basically get zena for the 65 million or so in debt ;; they simply converted the shares so no acutual $$ there ;; zena was more than obviously BK so most likley a win win ;;;

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Comment by Touran77 on Mar 08, 2021 10:23am

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Comment by truthseeker1 on Mar 08, 2021 10:28am

they dont have any earnings per say ;; their expendatures far outweigh any perceved positive earnings;; they sold off the main revenue stream a couple months ago

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Comment by Touran77 on Mar 08, 2021 10:47am

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Comment by quinlash on Mar 08, 2021 10:55am

Oh... Stockmonster found the gummies too :) good to see people actually reading the reports. Yes, ZENA has gummies somewhere in development or ready for launch. I would not be surprised to see HEXO roll out ZENA gummies soon or shortly after the vote gets passed. Gummies are one of the top selling / highest money making products out there for Cannabis products. Q

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Comment by quinlash on Mar 08, 2021 10:23am

From what I can see it was certainly a good deal for HEXO but it was the best deal ZENA could get, or was willing to take. Honestly, if SunDial was after your company and they pulled off the the tricks they have been playing would you want to reward them by handing over your company ?? I certainly would not. I think the ZENA / HEXO merger will prove out to be very successfull for ZENA ...more

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Zenabis Global Inc.