RE:RE:RE:RE:RE:RE:diluting shares to pay for Zenabis?Lets take your comments:
if i hold this position for the next two years and in that time, HEXO can build their presence in the US using the 1.2B (through merger/Acquisition, whatever), that would mean buying shares at the current low valuations would be a bargain, no?
at the end of the day, the purpose of hte 1.2B was to get into the US as quickly as possible for the full scale legalization that will eventually happen.
so owning shares of this company would come as a benefit to me, no??? espeically since i didnt see the value go from $40 to a few bucks.
the stock has already collapsed and i didnt own it before.
that's why its in my interest to buy now (which i have) and hold while all the above factors come to fruition.
mydogchach wrote: CanadianKia - (5/11/2021 9:43:33 AM)
RE:RE:RE:RE:diluting shares to pay for Zenabis? if you bought and held this company from LY, i can completely see losing any interest.
for those of us who bought post split this year, we have the potential to make some good money.
That's just my opinon based on the overal picture of the company, the trend of hte market and what is happening with legalization around the globe.
Again, just my opinon.
Everbody's entitled to their opinion - but can you explain exactly how legalziation in the U.S. and Mexico will positively affect Hexo - and in what timeline?
The way I see it - any Canadian company who doesn't already have infrstructure in the U.S. will not see any benefit for at leat 3 years.
Lawmakers in New York state say it will be two years before recreational Cannabis hits the shelves - due to policy and law and inspections and regulations and licencing - so even U.S. companies are two years away from sales.
Queenlash just says 'it will lift up the whoel sector" - but he can't answer how.