Is this the Tilray bullboard? Hey Stilleto, given your self proclaimed incredible money making business acumen - can you explain how Hexo giving Tilray control of 40% of it's ownership to Tilray for a lousy $211 million (placing a valuation of under $600 million for Hexo - after just spending $1.5 billion on acqusitions) gives Hexo 'huge growth potential'.
All Hexo did was transfer $211 million in debt from High to Tilray.
Do you pumptard clowns have anything to post about Hexo - or is this the Tilray board. Tilray being the company Hexo owes $211 million to. Hexio also owes (although it may be paid since the end of last quarter) $50 million - why don't you post anything about Sundial? Pumptard University
Clown Department Stego67 - (4/6/2022 12:39:15 PM)
Cheap Shares for a company that has huge growth potential
Mr. Simon continued, "We also continued sourcing and executing strategic and shareholder-friendly transactions that provide value with notable upside. Our most recent example is the proposed agreement to purchase the HEXO senior secured convertible notes, which provides a path for meaningful future equity ownership of HEXO as it executes on its transformation. The proposed HEXO transaction is also expected to facilitate complementary commercial and product innovation and drive production and operating efficiencies. As the global economy re-opens, we are confident that the global cannabis powerhouse at the heart of the Tilray Brands' value proposition will deliver sustained and tangible shareholder value."