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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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Zenabis Global Inc. > HEXO Corp Quietly Moves to the Top

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Post by StoneMan45 on May 11, 2021 3:21pm

HEXO Corp Quietly Moves to the Top

https://www.newcannabisventures.com/hexo-corp-quietly-moves-to-the-top-of-the-canadian-cannabis-market-while-ramping-up-u-s-expansion/

The company has published a $1.2 billion base shelf prospectus, which it plans to tap opportunistically as it continues to deploy capital in the U.S., according to St-Louis.

With positive EBITDA, a strong balance sheet and positive earnings per share on the horizon, HEXO will likely have access to non-dilutive debt instruments. In terms of future fundraising, equity could also be attractive to the company.

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