Hill Inc V.HILL

Wow this is for real:

[Investability00]

Companies to continue both operational and research partnership for ten years

Toronto, Ontario--(Newsfile Corp. - November 18, 2020) - Hill Street Beverage Company Inc.(TSXV: BEER) ("Hill Street" or the "Company") today announces it has signed a definitive agreement to acquire the primary assets of Lexaria Canpharm, the cannabis-related division of Lexaria Bioscience Inc. (CSE: LXX). Thisacquisition provides Hill Street with the exclusive rights in perpetuity to use Lexaria's ground-breaking DehydraTECHTM patent portfolio on a global basis to make any type of products containing THC and other psychoactive cannabinoids. In addition, the agreement expands Hill Street's license with Lexaria HempCo to make products containing CBD on a global basis for ten years

[Investability00]

The full story is on the news tab.

[ranman]

This was unexpected.... by us mortals. Let's see what the market thinks. Seems very positive to me. But WTFDIK With over sixty patents for DehydraTECHTM either issued or pending, this transaction positions Hill Street to expand its strategy of producing ingredients for Cannabis 2.0 products, allowing the Company to take advantage of growing demand for "quick onset and duration"

[ScotiaOne]

Well, I think this is positive if we have a longer timeframe view on the stock. Sure it comes with more dilution and some might argue a bit of risk but if: 1. You believe that Cannabis 2.0 products will grow globally, and that certainly appears to be the case as more countries open up and 2. That Hillstree has the braintrust and resources to execute, and they seem to, then long term should be a