RE:RE:HEXO's Acquisition of RedecanReposting the information related to Redecan for those who may be mistaken into thinking this is just your grandmothers cigerette rolling machine :) Be sure to check out the product lines carried by Shoppers at the bottom of this post
quinlash wrote: Redecan is profitable and the update from HEXO on the Redecan numbers clearly state profits (clear, net profit after expenses) in the update they provided. That money is now transferred to HEXO.
If you find the summary difficult to understand just ask a friend or someone you actually know to help identify the total cash identified in the report that will be shown on the upcoming reports produced by HEXO. This may not represent the total cash as HEXO provided the last two QTRs, additional cash transfter to HEXO is not unreasonable to expect.
HEXO provides update on Redecan acquisition https://www.globenewswire.com/news-release/2021/07/14/2262586/0/en/HEXO-provides-update-on-Redecan-acquisition.html
quinlash wrote: For those who have failed to do any basic research into what Redecan brings to HEXO....
HEXO + Redecan Investors Deck
https://staticproduction.s3.amazonaws.com/financial-statements/2021/Hexo+Redecan+Investors+Deck.pdf
HEXO+ Redecan (Splash Video)
https://www.youtube.com/watch?v=zHwI9ZnNCXY
CNN Interview with HEXO CEO Regarding Redecan Acquisition (Video)
https://www.youtube.com/watch?v=Z50nIYXQRwM&t=10s
Redecan Products Carried by Shopper's Drugmart
https://cannabis.shoppersdrugmart.ca/en_CA/lps/redecan