Zenabis Global Inc. T.ZENA

Adios Zenabis

[mydogchach]

So, like most - I'm confident Zena shareholders will vote to accept the Hexo acquisition.
Not much choice - it's that, or Zena will face bankruptcy and long term investors with high purchase prices would end up with nothing.
At least, you'll recover a little more after the conversion - and you can sell them, albeit still at a loss - or just hold Hexo if you're confident with that clown show.

You might have heard that if you're into cannabis - established U.S. vertically integrated MSOs are the only way to go. Stay away from the long shots - a lot of good ones out there.

I've said all along that it was just a crying shame - Zena had such incredible potential only to be destroyed in two years by incompetent, sleezy and greedy management - but that's just an opinion. I'm glad Leo Benne/Bevo et al, got out of Zena in the end - hopefully worn but wiser.

I expect it won't be long before Hexo breaks the Langley lease and closes that down - they just don't need the production in a leased facility and eventually they'll have to sell off the other assets for peanuts, just like Newstrike - but that's their business.

Anyway - good luck to all you Zena Warriors and good luck with your future investments.

[RandomGuy25]

Sounds like you know Leo and some others at Zenabis. How do you think Leo is feeling about things? And what about some of the others involved? Any insight into how people feel about the end?

[mydogchach]

RandomGuy25 - (5/14/2021 12:41:12 AM) RE:Adios Zenabis Sounds like you know Leo and some others at Zenabis. How do you think Leo is feeling about things? And what about some of the others involved? Any insight into how people feel about the end? I worked for a relatively large commercial greenhouse operation for 10+ years - which purchased plants from Bevo Farms - always a big day

[AvInvestor]

Langley is not really working as it needs a lot more investment. All the focus is on Atholville, which as we discussed, isn't even that great long term. 

[quinlash]

I highly douth HEXO made a play for Zenabis with intentions of leaving things as they are.  If there are updates, opportunities for improvement etc, i am sure HEXO would have accounted for it in their bid / proposal for Zenabis.

[cmj1966]

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