Zenabis Global Inc. T.ZENA

At this point, as a long term shareholder

[Spectra7]

of Hexo, I hope that Zena shareholders turn the proposal down. With the most recent NR from Hexo regarding the future base prospectus of upto $1.2 B....let the Zena sp continue to go down and then make a stink offer reflecting the current market conditions. Make $$$ regardless of the market direction. Take advantage of any and all trading options/opportunities. The market will determine both companies futures. S7

[Jimmy713]

You are getting too excited, Spectra. Keep in mind for Zena to survive without Hexo, they will need to dilute at least a Billion shares giving this SP & the cannabis sector in general. So, it is a catch 22 any way you look at it! I believe the deal with Hexo will give us much better potential. 

[Spectra7]

Jimmy713. This new prospectus is, or should not be a surprise if you have followed Hexo and most importantly SSL and his vision. $ 10B over 10 years. Is the acquisition of Zena really needed??

[AvInvestor]

Short answer YES! Hexo is a poor grower with poor quality facilties/operations. They need better assets so they can produce better quality stuff. Most consumers think very poorly of Hexo's product. 

[mydogchach]

AvInvestor - (4/16/2021 6:31:51 PM) RE:RE:RE:At this point, as a long term shareholder Short answer YES! Hexo is a poor grower with poor quality facilties/operations. They need better assets so they can produce better quality stuff. Most consumers think very poorly of Hexo's product.  Sorry AV - Zena produces a 'value brand', not quality. Hexo has good facilities

[Select55]

really ? so how do they have the sales they do and win the awards they have if they grow c$rap

[mydogchach]

Not sure of what awards Hexo has won - I did see Spirit Leaf Retail Stores voted OS as a top draw. Not sure that's much of an award. Not sure they grow 'cr*p' - I think it's more that they grow and sell value brands, rather than the premium, expensive cr*p. Zena also sells value brands - like Re-Up - so I agree with the point that Hexo could have used a quality brand to add to

[Jimmy713]

Fully agree with you Select55

[Jimmy713]

I beg to differ, AvInvestor - Hexo is at the beginning of the road for exceptional products and bigger market. Acquiring Zena will give them needed inventory and more products and a window for EU market ... the combination of these 2 companies will be great, you will see. As for us as Zena shareholders we lost nothing, whatever potential we imagined, it could be easily accomplished under Hexo

[quinlash]

To say your research into HEXO is poor would be to imply you did any research at all.  You may want to check this out and grab either shares in HEXO or ZENA (or both) before they announce a US acquistion Video HEXO Virtually Rolls out New Belleville Facility  https://youtu.be/nhTKnCRhzv4     HEXO Awarded Master Grower Award https://www.globenewswire.com/news-release/2019

[AvInvestor]

Quinlash are you kinding!  1) An award that was given out when only a few LPs existed?? Please read my previous response, it gives a comprehensive explanation.  2) That video is meaningless. A standard typical production facility, big deal! They are far better out there. BTW, the belleview facility is an old sears depot and is a terrible place to grow Cannabis. Not surpised if this

[AvInvestor]

FALSE! Environments are crucial to the growth of the plants and growers can only do so much. For example, greenhouses with lower ceilings and no cushion of air can have far less desirable crop yield than newer high tech builds. Indoor grows can achieve good results but don't have good economies of scale. The Zena Ahtolville assets produces descent quality but hardly justifies the capex costs

[Jimmy713]

I see your concern, Spectra7. Yet, I for one still believe that Hexo/Zena deal is urgently needed by both sides.  In fact, it is needed by Zena even more, as the shareholders of Zena almost got roped by Sundial at that time. In reality, we just survived SNDL piracy by continuing our potential growth merging under Hexo ... 

[quinlash]

The deal is good for both HEXO and ZENA IMHO.  Zena, although producing good products and selling well in QC etc,  ran too low on cash to make it to profitability.  HEXO (while still not cash-flow positive) is still able to get financing to enable them to expand operations and buy the time needed to make it to a cash flow positive position. Both Zena and HEXO are now reporting

[mydogchach]

quinlash - (4/17/2021 10:42:02 AM) RE:RE:RE:RE:At this point, as a long term shareholder Jimmy713 wrote: Spectra7 wrote: Jimmy713. This new prospectus is, or should not be a surprise if you have followed Hexo and most importantly SSL and his vision. $ 10B over 10 years. Is the acquisition of Zena really needed?? I see your concern, Spectra7. Yet

[quinlash]

Both Zenabis and HEXO Boards of Directors are in favor of the deal and I have a hard time believing that anyone buying shares since the news of the deal coming out would cast a "No" vote.  IMHO the deal is already signed, sealed and delivered, the only thing that may cause issue for HEXO is if Zenabis gets a better offer.  From strickly an investor's view I would be

[Jimmy713]

Well said ma man