RE:RE:RE: Wtf
300 mil with 100 mil in cash and 8 provincial agreements. They are planning to legalize oils and edibles very soon and watch that take off just based on fomo . Yes , black market will exist( for now ) , but they are slowy being faced out with numerous tactics . The last one will be when the prices come down in legal fronts and all the small LP's get swallowed up , or go BK . Once this happens , Canadian LP's will dominate domestically and even possibly worldwide . TONS of money stands to still be made in this space . People just got spoiled with throwing a dart technique to investing in this space the last few years . Now it's about picking quality up and giving it time to mature through all the market ups and downs . One thing that is certain is that Longs will be rewarded heavily. Yes , the ( A) hip warrants will be converted now , and these will be the last remaining set of warrants after the originals of hip and hexo both expire next year . One announcement from hexo now that the deal is done ,and they can be on the map permanently . Anything from Molson dumping money into them or the release of truss could be a catalyst . Nevermind if they speak about going into America or cut another JV with some fortune 500 company . Go ahead and lose money , someone else will willingly take your spot . Mark these words .... One day hexo will be worth 20 dollars a share . .. 20 x 245 mill outstanding shares ( not fully diluted) is 4.9 billion cdn dollars . Longs , look through the forest . ACB , tilray , cronos and canopy are worth much more , that means hexo can be too