HEXO's Merger with Tilray = Bigger + BetterAt this point I am taking it for granted that current investors in HEXO Corp are going to vote in favor of the merger. Once this happens HEXO Longs become Tilray Longs and their investments will increase and decent in value depending on the success of the new / larger company.
Tilray's new portfolio (with HEXO added) will include the Joint Venture HEXO formed with Molson Coors for the production of infused drinks (Truss). HEXO's award winning brands such as Original Stash, VeryWell and T2 products will all be contributing to the bottom line of Tilray Brands.
As noted earlier, I am still waiting on my own voting papers to show up however I fully expect I will be voting in line with the Board of Director's recommendations to approve the merger of the two companies.
As always, I strongly suggest everyone Do their Own Due Dilligence and to practice patiance when opting to invest in the markets.
Best Regards,
Q
- Long on HEXO